Reply To: Traders Market Weekly: War, Inflation and Central Banks

#73720
Truman
Participant

Major European indices trade in the red.

STOXX Europe 600: -0.4%,
Germany’s DAX: -0.6%,
U.K.’s FTSE 100: -0.3%,
France’s CAC 40: -0.2%,
Italy’s FTSE MIB: -0.9%,
Spain’s IBEX 35: -0.9%.

Italy
February Industrial Production 0.1% m/m (expected 0.6%; last -1.4%); -3.1% yr/yr (last -3.7%)

UK
Bank of England policymaker Greene said that rate cuts in the U.K. should not be taking place yet and that growing rate cut bets are misguided.
A Bank of England survey showed growing availability of secured credit to households between December and February with continued growth expected between March and May.