Friday: ECB on track to cut before Fed

The ECB held its policy rate overnight and remains on track to cut in June - before the Fed. China inflation data weaker than expected. Singapore’s GDP figures to include a Taylor Swift effect. Traders are on yen intervention watch.

In our bonus deep dive interview on the oil outlook, ANZ Senior Commodities Strategist Daniel Hynes says any jump towards US$100/bbl is likely to spark an OPEC supply response.

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