United States EIA Crude Oil Stocks Change came in at 3.475M, above expectations (2.2M) in February 27

BoE: Energy shock delays easing path – Rabobank

Rabobank’s Senior Macro Strategist Stefan Koopman argues that the recent surge in Oil and natural gas prices has derailed expectations for near-term Bank of England rate cuts, with the policy rate now seen on hold through 2026.
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GBP/USD rebounds toward 1.34 as markets look past strong US data

The Pound Sterling recovers some ground versus the US Dollar, though tensions in the Middle East remain high, pushing macroeconomic data releases onto the backseat.
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