ECB President Lagarde (Q&A): Will be particularly attentive to all commodity markets, supply bottlenecks and survey data such as PMIs, wage tracker

Lagarde's emphasis on monitoring commodity markets and supply bottlenecks indicates a proactive stance on inflationary pressures, especially as they relate to broader economic activity captured by PMIs and wage trends. This dovish tone suggests potential for more nuanced policy adjustments at the ECB as they navigate these challenges, which could impact eurozone rates and the euro's trajectory in the near term.