US Retail Sales Control Group MoM (Feb) M/M 0.5% (Prev. 0.3%)
The US Retail Sales Control Group for February came in at a 0.5% increase, surpassing the previous month's growth of 0.3%.
US President Trump says new Iran President has asked for a ceasefire; US will consider when Hormuz is open
UK to host coalition talks on securing Strait of Hormuz, FT reports; Other countries including France, Netherlands and Gulf states have been involved in private discussions over what naval assets would be willing to provide to any potential coalition
US Retail Sales Control Group MoM (Feb) M/M 0.5% (Prev. 0.3%)
Petrobras (PBR) raises its jet fuel prices by approximately 55%
BoE Governor Bailey says he still thinks markets are getting ahead of themselves by pricing in rate hikes, according to a Reuters interview
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This stronger print indicates potential resilience in consumer spending, which could have implications for growth forecasts and monetary policy as the Fed assesses inflationary pressures against economic activity.
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