Most Asian stock indices ended in negative territory today. South Korea’s Kospi tanked almost 4.3%; Japan’s Nikkei 225 index lost 1. % China’s Shanghai Composite index slipped 0.8%, and Singapore’s Straits Times index ended over 0.2% down. Conversely, Hong Kong’s Hang Seng index rose more than 0.1%.
Major European indices were trading up today. London’s FTSE 100 rose by 1%, Germany’s DAX added 0.9%, and France’s CAC 40 gained over 0.6% when reports last came in. Meanwhile, Euro area annual inflation is expected to be 2.5% in March 2026, up from 1.9% in February, according to a flash estimate from Eurostat, the statistical office of the European Union. This is well ahead of the European Central Bank’s 2% target. The increase largely reflects a sharp jump in energy prices since the U.S. and Israel launched their military operation against Iran at the end of February. Eurostat said the energy component of the inflation data was expected to have risen to 4. % in March, compared with deflation of 3.1 in February.
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