News

Traders have increased their bets on the European Central Bank to raise interest rates by 30 basis points before the end of the year.

UK Maritime Trade Action Office: Crew reportedly safe.

The UK Maritime Trade Operations Office: has received a report of an incident 50 nautical miles northwest of Dubai, United Arab Emirates.

ECB Governing Council member Kazmir: Interest rates may rise faster than expected due to the Iran issue.

Source: The United States has lost at least seven MQ-9 drones since the war began.

National Highway Traffic Safety Administration: General Motors recalls 17,050 U.S. vehicles and Toyota recalls 550,007 U.S. vehicles.

Japanese Ministry of Defense: On March 11, Japan, the United States and Australia reached an agreement to begin cooperative research on composite materials for aircraft. This marks the first such cooperation between the three countries and will help ensure technological superiority.

Heathrow Airport, UK: Working with airlines and airport partners to meet additional flight demand in the Middle East.

India's NIFTY auto index fell 2%.

The final monthly CPI rate in Germany in February was 0.2%, which was expected to be 0.2% and the previous value was 0.20%.

Germany's February CPI annual rate final value was 1.9%, expected to be 1.9%, and the previous value was 1.90%.

Germany's February adjusted CPI monthly rate final value was 0.4%, expected to be 0.4%, and the previous value was 0.40%.

The final value of Germany's adjusted CPI annual rate in February was 2%, which was expected to be 2% and the previous value was 2.00%.

The final value of Germany's February CPI monthly rate will be announced in ten minutes.

ECB Governing Council member Villeroy: Energy costs account for a small proportion of consumer spending.

ECB Governing Council member Villeroy: No interest rate hike is expected at next week's ECB meeting.

European Central Bank Governing Council member Villeroy: France's inflation rate will remain low and stagflation is not expected.

European Central Bank Governing Council member Villeroy: The conflict is expected to lead to a slight increase in inflation and a slowdown in growth.

ECB Governing Council member Villeroy: The conflict in Iran has heightened uncertainty.

European Central Bank Governing Council member Villeroy: France's economic growth is expected to remain in line with expectations.