A look at the day ahead in European and global markets from Wayne Cole.
That saw Fed funds shift to price in a near one-in-three chance the Federal Reserve could hike rates by 50 basis points on March 22. Markets are now leaning toward a peak of 5.50%-5.75%, compared with 5.0% just a month ago.
That leaves a lot riding on what EU inflation figures for February show later on Thursday. Median forecasts are for an annual figure of 8.2%, but risks are on the upside following the surprises from France, Spain andKey developments that could influence markets on Thursday:
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