February’s US ISM Manufacturing PMI rose to 52.4, beating 51.8 forecasts, signaling continued sector expansion.
U.S. ISM Manufacturing Employment Index rose to 48.8 in February, up from January’s 48.1 reading.
ECB’s Kocher says rates may shift quickly; uncertainty and possible oil disruptions could alter inflation outlook.
Commerzbank warns higher oil prices boost inflation, may cut eurozone GDP growth, with uncertain rebound next year.
U.S. S&P Global Manufacturing PMI rose to 51.6 in February, beating forecasts of 51.2, signaling expansion.
US oil shares surged premarket as Iran moved to close Hormuz; WTI jumped over 7%.
Canada’s S&P Global Manufacturing PMI rose to 51.0 in February from 50.4, signaling expansion in activity.
LME aluminium hit one-month high on Middle East tension; premiums, freight and Hormuz disruption risks watched closely.
USD/JPY nears 157.50 as Dollar gains on risk aversion; BoJ tightening cautious, US data loom.
Rabobank says Iran strikes fit Trumpist strategy: control energy and materials critical to China, securing US dominance.
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