French PPI MoM (Feb) M/M -0.2% (Prev. 0.5%)
The French Producer Price Index (PPI) for February came in at -0.2%, significantly lower than the previous month's rise of 0.5%.
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 PPI MoM (Feb) M/M -0.2% (Prev. 0.5%)
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 decline suggests potential easing in inflationary pressures within the manufacturing sector, which could influence ECB monetary policy discussions and expectations around future rate hikes.
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