Portugal Gross Domestic Product (QoQ) came in at 0.9%, above expectations (0.8%) in 4Q

Portugal Gross Domestic Product (YoY) in line with forecasts (1.9%) in 4Q

Ireland Retail Sales (MoM) up to 1.5% in January from previous -0.4%

Ireland Retail Sales (YoY) increased to 3% in January from previous -0.1%

India Gross Domestic Product Quarterly (YoY) came in at 7.8%, above forecasts (7.2%) in 4Q

Greece Producer Price Index (YoY) dipped from previous -2.1% to -3.7% in January

Italy Trade Balance non-EU dipped from previous €8.385B to €2.124B in January

Belgium Gross Domestic Product (QoQ) below forecasts (0.2%) in 4Q: Actual (0.1%)

Greece Retail Sales (YoY) up to 5.1% in December from previous 0.3%

Commerzbank's senior economists Bernd Weidensteiner and Dr. Christoph Balz discuss designated Federal Reserve chair Kevin Warsh’s plan to justify significant interest rate cuts by citing artificial intelligence as a new deflationary force.

Spain Current Account Balance rose from previous €0.21B to €1.8B in December

Italy Industrial Sales s.a. (MoM) climbed from previous -0.1% to 0.5% in December

Italy Industrial Sales n.s.a. (YoY) increased to 3.6% in December from previous 0%

Rabobank’s Stefan Koopman highlights growing political risks in the United Kingdom after the Gorton and Denton by-election, where Labour lost heavily to the Green Party and Reform UK.

Spain Harmonized Index of Consumer Prices (MoM) came in at 0.4%, above expectations (0.3%) in February

Spain Consumer Price Index (YoY) came in at 2.3%, above expectations (2.2%) in February

Spain Consumer Price Index (MoM) increased to 0.4% in February from previous -0.4%

Switzerland Gross Domestic Product (YoY) climbed from previous 0.5% to 0.7% in 4Q

Switzerland Gross Domestic Product (QoQ) registered at 0.1%, below expectations (0.2%) in 4Q

Austria Producer Price Index (YoY) increased to -1.4% in January from previous -1.9%

Austria Producer Price Index (MoM) increased to 0.1% in January from previous -0.3%

Spain Harmonized Index of Consumer Prices (YoY) came in at 2.5%, above expectations (2.3%) in February

France Consumer Spending (MoM) registered at 0.5% above expectations (0.3%) in January

France Nonfarm Payrolls (QoQ) below forecasts (0.1%) in 4Q: Actual (-0.1%)

France Gross Domestic Product (QoQ) in line with forecasts (0.2%) in 4Q

Danske Bank’s Danske Research Team notes that EUR/USD is trading close to 1.18 as markets await key Euro area inflation data. The bank expects Euro area HICP inflation to edge up slightly to 1.73% year-on-year, with core inflation steady at 2.2%.

UOB strategists Quek Ser Leang ve Lee Sue Ann note that GBP/USD reversed sharply from 1.3575 to 1.3447, invalidating the earlier bullish bias. Intraday, they expect a consolidation between 1.3455 and 1.3525 as the latest drop looks excessive.

Sweden Gross Domestic Product (YoY) came in at 2.1%, above forecasts (1.8%) in 4Q

Sweden Gross Domestic Product (QoQ) came in at 0.5%, above forecasts (0.2%) in 4Q

Germany Import Price Index (YoY) remains at -2.3% in January