Sterling slid as Middle East war spurred risk-off trading; Nomura sees BoE March cut decision finely balanced.
RealClearMarkets/TIPP Economic Optimism Index fell to 47.5 in March, missing forecasts and remaining below 50.0.
Spring Statement offered few new measures; borrowing up GBP 6bn by 2030/31, but headroom risks persist.
Amazon shares fell as Iranian drone strikes damaged Middle East data centres, degrading AWS services amid war.
Nomura expects conflict risks to strengthen CHF; SNB likely to intervene via FX purchases, avoiding negative rates.
EUR/GBP slips near 0.8710 as oil, Iran tensions and shifting BoE/ECB expectations boost pound, cap euro.
Euro area inflation beats forecasts as Iran-related energy spikes lift prices; Commerzbank warns 3% risk.
US Redbook Index accelerated to 7% year-on-year on February 27, up from 6.7% previously.
Brent climbed on Middle East tensions, but gains eased as markets reassessed risks of supply disruptions.
Japan warns of FX action as yen weakens past 157 amid Iran attack volatility and energy risks.
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