Germany’s Ifo current assessment index rose to 86.7 in March, beating forecasts by 0.7 points.
Germany’s Ifo business climate index climbed to 88.6 in March, beating expectations of 86.1 overall.
Switzerland’s ZEW expectations index fell sharply in March, sliding from 9.8 to -35, signaling weaker outlook.
Gold edged higher in Europe but stayed under $4,600 as US–Iran tensions eased, keeping volatility elevated.
US stock futures rose after Middle East truce proposal reports, despite denials, ahead of key earnings.
Developed market central banks may not deliver all priced hikes as demand weakens; stagflation risks rise. Utilities outperform.
UK inflation hit 3% as expected; core and services stayed firm, limiting rate cuts amid rising costs.
WTI rebounded near $88, then eased as truce talks eased fears; Saudi exports rose, US stocks built.
European markets edge higher; ceasefire and Hormuz reopening reports watched, ahead of Germany IFO and US trade prices.
TD Securities says dollar may keep rising on risk premia, but war off-ramp could weaken it.
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