US Retail Sales Ex Autos MoM (Feb) M/M 0.5% vs. Exp. 0.3% (Prev. 0%, Low. 0.0%, High. 0.5%)
The US retail sales figure excluding autos came in at 0.5% month-over-month in February, beating expectations 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 Ex Autos MoM (Feb) M/M 0.5% vs. Exp. 0.3% (Prev. 0%, Low. 0.0%, High. 0.5%)
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-than-anticipated growth may suggest resilience in consumer spending, potentially reinforcing the view that the economy is on a stable footing, which could influence monetary policy discussions moving forward.
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