Below Reuters median of -0.4% m/m, +2.0% y/y
Jan prelim HICP-0.7% m/m, +12.9% y/y (median -0.5%, +2.0% )
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German Jan prelim CPI -0.5% m/m,+1.7% y/y
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- Australian March 2026 building approvals -10.5% m/m (prior +29.7%)
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- Barclays warns yen recovery likely temporary despite Tokyo's $35bn intervention
- UKMTO says a tanker has reported being hit by unknown projectiles, Strait of Hormuz
- Pentagon puts full military weight behind Project Freedom (Hormuz freedom) from May 4
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