ING raises aluminium forecasts as Hormuz conflict threatens Gulf exports; worst-case disruption could briefly push prices above $4,000.
San Francisco Fed’s Daly says one month isn’t decisive; inflation above target; risks balanced amid vulnerable job market.
US retail sales slipped 0.2% in January, beating forecasts; annual growth 3.2% as dollar eased.
Oil surged as Middle East conflict persists; WTI hit $85, Brent $87.80; officials warn $150 possible.
ABN AMRO sees eurozone production rebounding, despite energy headwinds; German orders dip, defence and demand support recovery.
GBP/JPY steadied near 210.70 as US-Iran tensions lifted oil, curbed BoE cuts, and delayed BoJ hikes.
February US payrolls fell 92,000; unemployment rose to 4.4%, wages up 3.8%, dollar steadied.
US retail sales growth accelerated to 3.2% year-on-year in January, rising from 2.4% previously.
US January retail sales excluding autos were flat at 0% month-on-month, matching forecasts, signaling steady consumer demand.
US retail sales control group rose 0.3% in January, rebounding from -0.1% prior, a 0.4-point improvement.
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