Spanish Core Inflation Rate YoY Prel (Mar) Y/Y 2.7% vs. Exp. 2.7% (Prev. 2.7%)
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China's Commerce Ministry says it has launched a probe against the US for its practices and measures that hinder trade in green products
China's Commerce Ministry says it has launched a probe regarding US trade measures; China to investigate US trade practices starting March 27th; probe to conclude within six months but can be extended
Spanish Core Inflation Rate YoY Prel (Mar) Y/Y 2.7% vs. Exp. 2.7% (Prev. 2.7%)
Cosco Shipping (601919 CH) says the claims that two container ships crossing the Strait of Hormuz are false
China's Politburo held a meeting on March 27th, according to state media
On the Newsquawk feed at , 20 minutes before this page.
Context
The preliminary reading of Spain's core inflation rate for March is in line with expectations at 2.7%, suggesting stability in inflationary pressures given that the previous figure was also 2.7%. This consistency may indicate a lack of urgency for the ECB to adjust its monetary policy, thereby influencing traders to consider the implications for the euro and overall risk sentiment in the Eurozone economy.
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