Euro Appreciation

Market Crossroads: ECB’s Hawkish Easing, European Defense Shift, and Tariff Relief Dynamics

Busy end of week with European defence push, ECB monetary policy decision, US tariff pause and NFP. No let-up in the news flow as the week draws to an end. Friday will be marked by the publication of the February Employment Situation Report, with our US economists expecting 180 thousand job creations (see NFP Preview), while Thursday’s session was punctuated by an abundant news flow: