Spanish HICP MoM Prel (Mar) M/M 1.5% vs. Exp. 2.0% (Prev. 0.4%)
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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 HICP MoM Prel (Mar) M/M 1.5% vs. Exp. 2.0% (Prev. 0.4%)
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 Spanish HICP data for March shows a month-on-month increase of 1.5%, which is below the expected 2.0% and significantly higher than the prior 0.4%. This miss relative to expectations could signal a moderation in price pressures and might influence ECB policy discussions, particularly around interest rate trajectory and inflation outlook.
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