Spanish Retail Sales YoY (Feb) Y/Y 2.2% vs. Exp. 3.8% (Prev. 4%)
The Spanish retail sales figures came in below expectations for February, indicating a 2.2% year-over-year growth against an anticipated 3.8% and a previous read of 4%.
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 YoY (Feb) Y/Y 2.2% vs. Exp. 3.8% (Prev. 4%)
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This miss may signal weaker consumer spending, which could impact growth forecasts in the Eurozone and influence ECB policy discussions moving forward.
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