Italian PPI MoM (Feb) M/M -0.4% (Prev. 1.5%)
The Italian PPI for February showed a significant decline of -0.4% month-over-month, following a prior rise of 1.5%.
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",
Italian PPI MoM (Feb) M/M -0.4% (Prev. 1.5%)
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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This notable decrease could suggest weakening inflationary pressures, which may inform the outlook for European monetary policy and impact market sentiment around growth.
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