Key points

• At 12:00pm, the Federal Reserve announces its monetary policy decision.

• Oil prices stabilize somewhat after Iraq resumes crude exports through Turkey.

• Eurozone inflation is confirmed to have risen in February to 1.9% year-over-year.

• Japan’s exports grew 4.2% in February, exceeding expectations.

• The Bank of Canada concludes its policy meeting today at 7:45am, with expectations of keeping its benchmark rate unchanged.