Spanish Inflation Rate MoM Prel (Mar) M/M 1% vs. Exp. 1.2% (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 Inflation Rate MoM Prel (Mar) M/M 1% vs. Exp. 1.2% (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 inflation rate showing a 1% month-over-month increase, which falls short of the 1.2% expected, suggests that inflation pressures may not be as strong as previously anticipated. This could impact expectations for ECB policy, potentially leading to a reassessment of rate hike timelines as inflation trends are closely monitored across the Eurozone.
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