EUR/USD slid to 1.1585 as risk-off flows and firmer US rate expectations boosted the dollar.
Markets now doubt a March BoE cut; Middle East risks persist, but UK inflation data supports one cut.
Gold slid 2.5% to $5,180 as Middle East tensions rose and Fed easing expectations weakened.
Euro zone inflation held near ECB target, but Middle East conflict risks prolonged energy shock and repriced rates.
WTI surged above $75 as Iran conflict threatened Hormuz flows, Aramco halted operations, and risk premiums rose.
Stournaras urges ECB flexibility as US-Israel-Iran war risks higher inflation; no rush to change policy.
Eurozone inflation surprised higher in February: headline HICP hit 1.9%, core 2.4%; euro mixed, EUR/USD fell.
Greece’s unemployment rate rose to 7.7% in January from 7.5% in December, a 0.2-point increase.
Eurozone core HICP inflation rose 2.4% year-on-year in February, beating forecasts and signalling persistent underlying price pressures.
Eurozone HICP rose 1.7% month-on-month in February, reversing January’s 0.6% decline and signalling inflation pressures.
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