German Current Account (Feb) 22B (Prev. 17.1B)

The increase in Germany's current account surplus to €22 billion in February from €17.1 billion suggests stronger export performance or reduced import levels.

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Brazil's Labor Ministry has proposed the release of BRL 7bln from the workers severance fund to c. 10mln individuals

US CPI Core Goods & Services (m/m SA, y/y NSA) + Supercore (March 2026):

German Current Account (Feb) 22B (Prev. 17.1B)

US Inflation Rate MoM (Mar) M/M 0.9% vs. Exp. 0.9% (Prev. 0.3%)

Canadian Unemployment Rate (Mar) 6.7% vs. Exp. 6.8% (Prev. 6.7%)

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This positive data is likely to support the euro and could influence expectations around the ECB's monetary policy, particularly in terms of growth expectations and inflation dynamics.

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