US Business Inventories MoM (Jan) M/M -0.1% vs. Exp. 0.2% (Prev. 0.1%)
The U.S.
Newsquawk European Market Wrap - 1st April 2026
Iran would welcome Russia as a mediator, Tass reports, citing an Iranian envoy
US Business Inventories MoM (Jan) M/M -0.1% vs. Exp. 0.2% (Prev. 0.1%)
US S&P Global Manufacturing PMI Final (Mar) 52.3 vs. Exp. 52.4 (Prev. 51.6)
Iran says Strait of Hormuz won't reopen based on Trump's 'absurd' display and only Iran and Oman will decide the future of the Strait of Hormuz
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business inventories data came in below expectations, declining by 0.1% versus the anticipated rise of 0.2%. This miss may suggest softer demand pressures and could prompt concerns about inventory management and economic activity, potentially impacting growth forecasts and implications for monetary policy moving forward.
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