German Hesse CPI YoY (Mar) Y/Y 2.9% (Prev. 2.2%)
The German Hesse CPI year-on-year increase to 2.9% from the previous 2.2% suggests rising inflationary pressures in this region, which may prompt concerns about broader implications for German and EU monetary policy.
JPM European Equity strategists say the current shock differs markedly from 2022 playbook
Iraq's Defence Ministry says the Mohamad Alaa air base was attacked by a rocket. An aircraft was destroyed but no injuries reported; Iraq says "We will not hesitate to pursue anyone who dares to harm Iraq's security and sovereignty",
German Hesse CPI YoY (Mar) Y/Y 2.9% (Prev. 2.2%)
Goldman Sachs says Q1 earnings to test whether strong EPS can steady US equities
Iran's acting Defence Minister told the Turkish counterpart that Tehran will continue to punish aggressors, create deterrence and ensure war will not repeat itself, via IRNA
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If this trend continues, the European Central Bank could be compelled to adjust its rate path, potentially impacting the euro and interest rate expectations across the region.
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