Spain’s CPI rose 2.3% year-on-year in February, matching forecasts; the report provided no additional details.
WTI hovers near $95.60 as Australia, Japan tap reserves amid Iran conflict and Hormuz closure threats.
Eurozone disinflation enabled ECB rate cuts, but Iran conflict could lift energy prices, reviving inflation and hikes.
Gold retreats as dollar, yields rise on Middle East tensions, oil-fueled inflation fears; eyes PCE data.
France’s inflation excluding tobacco rose 0.6% in February, reversing January’s 0.4% decline, data showed.
GBP/USD extended losses as weak UK data and stronger dollar lifted DXY; focus turns to US PCE.
Adobe posted $6.4B quarterly revenue (+12%) and $6.06 EPS, beating estimates; subscriptions rose, services/products declined.
US goods trade deficit narrowed to $81.8bn in January as exports rose; widening expected later. PCE, JOLTs upcoming.
USD/JPY nears 160 as firm dollar meets Japan intervention warnings, oil shock, and awaited US inflation data.
UK total trade balance swung from a £4.34 billion deficit to a £3.922 billion surplus in January.
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