French Balance of Trade (Mar) -6.9B vs. Exp. -5.6B (Prev. -5.8B)
The French balance of trade coming in at -6.9 billion, worse than expectations of -5.6 billion, highlights a deteriorating trade position for France.
ECB's Nagel says likely to raise interest rates unless the outlook improves markedly
Pakistani Foreign Ministry spokesperson says, "We do not talk about war and instead talk about dialogue and diplomacy. However, if any aggression similar to what we saw last year, we will respond; Pakistan will respond just as it did", Mallick posts
French Balance of Trade (Mar) -6.9B vs. Exp. -5.6B (Prev. -5.8B)
Pakistani Foreign Ministry spokesperson, on US-Iran agreement, says "we would expect an agreement sooner rather than later", Pakistani journalist Mallick posts
[MARKET UPDATE] Crude pulls back slightly to trade flat intraday (vs ~+0.6% an hour ago); Fixed income futures approach Wednesday highs
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This larger deficit may indicate weakening external demand or increasing import costs, potentially raising concerns about the country's economic outlook and influencing the euro's trajectory in the forex markets.
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