*The UK’s fourth-quarter GDP, announced today, exceeded expectations and grew by 0.1% quarterly and 0.6% year-on-year. The data was expected to come in at 0.0% and 0.4%, respectively. The Housing Price Index, another data we follow in the UK, came in at -0.8% monthly and -3.1% annually, lower than expected.

*The Consumer Price Index (CPI) in the Euro Zone for February increased by 0.9% monthly and 6.9% year on year. The previous data was 0.8% and 8.5%, respectively. Core CPI, which was followed more closely by the European Central Bank (ECB) in the interest rate hike process, increased by 1.2% monthly and 5.7% annually. The previous data had increased by 0.8% and 5.6%.

*The PCE Price Index, which is the data closely followed by the FED in the interest rate hike process, was announced. The PCE Price Index rose 0.3% month on month and 5.0% year on year in February. Core PCE Price Index rose 0.3% and 4.6%. Despite the increase in the data, there was a decrease in the rate of increase on an annual basis compared to the previous data. The previous PCE and Core PCE came in at 5.4% and 4.7% respectively. With the decrease in the rate of increase in the data, there were depreciation in the Dollar Index.