Spanish Retail Sales MoM (Feb) M/M -0.1% (Prev. 0.1%)
The slight decline in Spanish retail sales for February, dropping from a previous gain of 0.1% to a 0.1% loss, suggests softening consumer demand.
Two China-linked ships, owned by Cosco Shipping (601919 CN), appear to attempt to cross the Strait of Hormuz
Iranian Parliament's National Security member Borujerdi says the time has come for Iran to withdraw from the Nuclear Non-Proliferation Treaty and the permanent monitoring of the Strait of Hormuz, IRNA reports
Spanish Retail Sales MoM (Feb) M/M -0.1% (Prev. 0.1%)
SocGen sees a growing likelihood of Brent topping USD 150/bbl amid the Iran war; says Brent may average USD 125/bbl in April amid the Middle East situation
Apple (AAPL) has requested that Samsung (005930 KS) and LG (003550 KS) produce iMac OLED samples, Zdnet reports citing sources
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This could be a signal of declining confidence, potentially impacting ECB policy outlook and consumer-driven sectors across Europe. Traders should monitor any implications for the euro, especially if this trend persists with upcoming economic data.
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