German Inflation Rate MoM Prel (Feb) M/M 0.2% vs. Exp. 0.5% (Prev. 0.1%, Low. 0.3%, High. 0.6%)
The preliminary German inflation rate for February came in at 0.2% month-over-month, significantly below the expected 0.5%.
[MARKET UPDATE] As US participants arrive, crude is extending on gains, and at fresh session highs, while spot gold jumps higher, currently sitting at c. USD 5,213/oz
Omani Foreign Minister to meet with US VP Vance in Washington today, sources say (details light)
German Inflation Rate MoM Prel (Feb) M/M 0.2% vs. Exp. 0.5% (Prev. 0.1%, Low. 0.3%, High. 0.6%)
No borrowers are considering an US IG bond sale on Friday, according to a Bloomberg survey
Amichai Stein says the Al Udeid Air Base in Qatar is all evacuated
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This softer reading may suggest less inflationary pressure than previously anticipated, potentially impacting ECB policy discussions and Euro sentiment in broader markets.
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