On the background of harsh statements and a reshuffle in the administration of Donald Trump US stocks declined for a second day.
Data released yesterday on consumer prices for February dispelled fears of a strong acceleration of inflation and strengthened the prospects for a 3-fold increase in interest rates this year.
In Japan a scandal erupted with the sale of land in which appears the name of Prime Minister Shinzo Abe. Against the background of these events, the opposition parties staged a boycott of the hearings on the budget, which puts pressure on the economy and the rating of the ruling coalition.
Today a lot of economic data from the US and the eurozone will be published which can accelerate our markets.
Today there are also speeches by ECB members Constancio and Coeuré.
OPEC reports and US data will also be published on crude oil inventories. An exit on the same day as the two reports will be able to strengthen the drop in prices and send them up. In connection with the new cyclone which struck the eastern coast of the United States, prices could rise due to the increasing demand for energy.
