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Germany March ZEW economic sentiment index -0.5 vs 39.0 expected

Italy February final CPI +1.5% vs +1.6% y/y prelim

Military escorts not a sustainable solution to opening up Strait of Hormuz, says IMO chief

Switzerland February producer and import prices -0.3% vs -0.2% m/m prior

What are the main events for today?

investingLive Asia-Pacific FX news wrap: RBA raised its cash rate by 25bp

Singapore February exports rise 4.0% y/y, missing forecasts of 5.5%

New Zealand Food Price Index +0.1% m/m in February (prior +2.5%)

Trump has asked China to delay the meeting with Xi for a month

investingLive Americas FX news wrap 16 Mar:Risk-On Monday: Stocks up, USD down, Oil down

US and Iran have been in direct contact in recent days – report

Trump: Continued in full force over the past few days