Spanish Inflation Rate YoY Prel (Mar) Y/Y 3.3% vs. Exp. 2.4% (Prev. 2.3%)
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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 YoY Prel (Mar) Y/Y 3.3% vs. Exp. 2.4% (Prev. 2.3%)
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 inflation rate for Spain in March came in at 3.3%, significantly above expectations of 2.4% and notably higher than the previous 2.3%. This unexpected increase could signal persistent inflationary pressures in the Eurozone, prompting discussions on the European Central Bank's policy stance and interest rates moving forward.
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