Rabobank’s Head of Macro Strategy Elwin de Groot highlights the European Commission’s Industrial Accelerator Act as a major step to rebuild the Eurozone industrial base, accelerate decarbonisation and reduce external dependencies.
Societe Generale analysts say macro data have been overshadowed by Middle East (ME) risks, with investors likely to seek safety in Dollar and Swiss Franc into the weekend absent de‑escalation.
Nomura analysts note that Swedish CPIF and CPIF ex-energy inflation surprised to downside for a fourth month in February, with both measures slightly below levels historically consistent with the 2% target. Goods, especially clothing, drove the miss.
The Indian Rupee (INR) snaps a five-day losing streak against the US Dollar (USD) on Thursday.
EUR/JPY edges lower around 182.60 on Thursday at the time of writing, down 0.14% on the day, as the pair remains under pressure while the Japanese Yen (JPY) benefits from renewed safe-haven demand amid geopolitical crisis.