Italian Inflation Rate YoY Final (Feb) Y/Y 1.5% vs. Exp. 1.6% (Prev. 1%)
Italian inflation came in at 1.5% year-on-year for February, missing expectations of 1.6% and up from 1% previously.
Some Japanese aluminium buyers have reportedly agreed with a global producer to pay a premium of USD 350/t for shipments between April and June
Japan and US are reportedly set to agree on the joint development of rare earths, copper, and lithium at a summit next Thursday, Nikkei sources report
Italian Inflation Rate YoY Final (Feb) Y/Y 1.5% vs. Exp. 1.6% (Prev. 1%)
New Iranian Supreme Leader Mojtaba Khamenei is to deliver a message soon, according to Iranian media
Iran's Top Security Chief Larijani is to publish a message soon, according to Iranian state media
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This subdued reading relative to expectations may ease pressure on the European Central Bank regarding rate hikes, suggesting the need for a cautious approach in monetary policy going forward.
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