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Powell's speech today will be watched for any comments on trade turmoil
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US 0730 ET Mar Challenger job cuts, Feb -4.3% y/y.
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Big guns come out in the US-Chinese trade battle German bund yields fall faster than T-note yields but EURUSD remains strong
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US 0700 ET Weekly MBA mortgage applications, previous +4.8% with purchase sub-index +3.1% and refi sub index +7.3%.
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Chinese retaliation for Trump IP-related tariffs with soybeans, airplanes, cars, and chemicals
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US

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Stocks fall sharply as trade concerns dominate

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US
0945 ET Final-Mar Markit manufacturing PMI expected unrevised at 55.7, prelim-Mar +0.4 to 55.7.

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S&p

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