ECB's Demarco says ECB will probably need to hike in June; not much evidence of indirect inflation effects, the 2026 inflation outlook likely to be revised upwardly

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ECB EZ Negotiated Wages (Q1): 2.46% (prev. 2.95%, exp. 2.50%)

UAE official says there is a '50-50' chance of US-Iran Strait of Hormuz agreement, AFP reports

ECB's Demarco says ECB will probably need to hike in June; not much evidence of indirect inflation effects, the 2026 inflation outlook likely to be revised upwardly

[MARKET ANALYSIS] FX broadly within Thursday's wide ranges; GBP unfazed by PSNB and Retail Sales, Aussie weaker as banks shift tightening calls

[MARKET ANALYSIS] Crude on a firmer footing despite diplomatic efforts and heading into the weekend

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Projections to show if one hike is enough or more is needed. 

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