Eurozone Labour Cost Index increased 3.3% in Q4, reflecting annual growth in hourly labour costs across member states.
Powell downplayed projections as Fed holds steady; oil-driven inflation could delay cuts; TD sees easing from 2026.
Spain’s five-year bond auction yield rose to 2.934%, up from 2.577% at the prior sale.
Spain’s 10-year Obligaciones auction yield climbed to 3.476%, up 0.309 points from the prior 3.167%.
SNB holds policy rate at 0%, raises inflation forecasts, warns strong franc risks, cites Middle East uncertainty.
Sweden’s Riksbank held its policy rate steady at 1.75%, leaving the benchmark unchanged as expected.
Swiss National Bank holds policy rate at 0%, meeting expectations, with no change in its latest decision.
ECB likely avoids firm guidance amid oil-price sensitivity; March hawkish repricing amplifies impact, leaving euro mildly vulnerable.
Gold slid toward $4,700 as hawkish Fed, stronger dollar and surging PPI pressured prices amid tensions.
US futures steady after selloff; Fed holds rates, warns Iran-driven inflation risks as producer prices jump.
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