Italian PPI YoY (Mar) Y/Y 4.2% (Prev. -2.7%)
The Italian Producer Price Index (PPI) showing a year-over-year increase of 4.2% compared to a prior decrease of 2.7% signals a significant shift in pricing pressures within the Italian economy.
UK sells GBP 1bln 0.125% 2028 Gilt via tender: b/c 4.28x (prev. 4.05x), average yield 4.219% (prev. 3.336%), tail 0.3bps (prev. 0.7bps)
US officials are said to be concerned about being drawn into a frozen conflict of no war and no deal with Iran, Axios reports
Italian PPI YoY (Mar) Y/Y 4.2% (Prev. -2.7%)
[MARKET ANALYSIS] Bourses choppy, BP/ LN bottom line jumps, healthcare hit by Novartis and Bayer - earnings ahead
PBoC guided banks to increase lending in April, according to sources
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This substantial rise may indicate inflationary trends that could influence the European Central Bank's policy decisions, particularly regarding rate adjustments in the face of improving demand conditions.
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