📆 Friday, March 15
► In Europe, the Stoxx 600 hovered with minimal fluctuations, as diverging sectors—telecoms and automakers buoyed while real estate and consumer goods dipped—mirrored the market's search for direction amidst European Central Bank's dovish tones. France's inflation deceleration to 3% in February provides a nuanced backdrop to the ECB's upcoming rate decision discussions.
► US futures suggest a cautious outlook with Nasdaq 100 and S&P 500 showing minimal movement. Treasuries and the USD index steadied, indicating traders' contemplation of future Fed actions against a backdrop of persistent inflation concerns. Attention gravitates towards the producer price index (PPI) data released on Thursday, which reported a sharper-than-anticipated increase. This surge in February's PPI by 0.4% month-over-month, surpassing expectations and echoing concerns spurred by the previous consumer price index report.
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