EU Inflation Rate MoM Flash (Jan) M/M -0.5% (Prev. 0.2%)
The EU inflation rate showed a month-over-month decline of -0.5% in January, down from a previous increase of 0.2%.
Russia's Kremlin says Russia will continue its Special Military Operation until the relevant decisions are made by Ukraine
US Senators push for USD 70bln funding deal to support US President Trump's critical minerals agenda, FT reports
EU Inflation Rate MoM Flash (Jan) M/M -0.5% (Prev. 0.2%)
Iran is to announce major structural and administrative decisions in the defence sector to respond to new threats, Iran's Noor News reports
[MARKET ANALYSIS] Precious metals continue to rebound with spot XAU returning above USD 5k/oz
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This significant drop suggests a potential easing in inflationary pressures, which could prompt shifts in monetary policy considerations. Traders should watch for implications on the Euro and risk sentiment as this data may alter expectations for the ECB's next moves.
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