French Inflation Rate MoM Prel (Mar) M/M 0.9% vs. Exp. 0.8% (Prev. 0.6%, Low. 0.8%, High. 1.0%)
The French inflation rate for March came in at 0.9% month-over-month, slightly surpassing expectations of 0.8% and confirming a trend of rising prices, up from 0.6% previously.
Aluminium Corporation of China (2600 HK) is said to be considering an USD 800mln USD-denominated offshore bond sale
German institutes to cut 2026 economic growth forecasts amid the Iranian war, Reuters sources suggest; 2026 growth outlook seen at 0.6% (prev. 1.2%), 2027 growth seen at 0.9% (prev. 1.4%)
French Inflation Rate MoM Prel (Mar) M/M 0.9% vs. Exp. 0.8% (Prev. 0.6%, Low. 0.8%, High. 1.0%)
The IRGC announced that the Strait of Hormuz is fully under the control of its soldiers, and "the slightest movement of the enemies will be hit by missiles and drones", adding that "the operation continues", IRGC's public relations channel reports
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This higher than anticipated figure could prompt discussions around inflationary pressures in the eurozone, affecting ECB policy considerations and impacting the euro's performance in the forex market.
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