Swedish Inflation Rate YoY Final (Feb) Y/Y 0.5% vs. Exp. 0.5% (Prev. 0.5%)
Sweden's year-on-year inflation rate came in at 0.5% for February, aligning with expectations and unchanged from the previous month.
Italy will reportedly contribute 9mln barrels to the strategic oil reserve release, according to sources
Additional European Equity News
Swedish Inflation Rate YoY Final (Feb) Y/Y 0.5% vs. Exp. 0.5% (Prev. 0.5%)
Italy announces that its military base in Iraqi Kurdistan was attacked, but no casualties were reported, Al Hadath reports
Honda Motor (7267 JT) revises guidance: now projects a FY25/26 loss of JPY 420bln-690bln (vs prior exp. JPY 300bln profit); losses amid asset write-offs on cancelled EV models
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This stability suggests that current inflationary pressures are contained, which may influence the approach of the Riksbank and impact broader regional monetary policy discussions in Europe. Traders should consider how this static read aligns with the ECB's inflation targets and the potential implications for the SEK and euro cross-rates.
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