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US Defense Secretary Hegseth: Attempts to lay more mines is violation of ceasefire

United States Defense Secretary Pete Hegseth said on Friday that any attempts to lay more mines by Iran would be considered a violation of the ceasefire, per Reuters.

Hegseth noted that the transit through the Strait of Hormuz is occurring and added that they would welcome a serious European effort to "do something about the strait."

Market reaction

These comments failed to trigger a noticeable market reaction. At the time of press, the US Dollar (USD) Index was down 0.2% on the day at 98.60.

Meanwhile, US stock index futures trade mixed ahead of the opening bell, with Dow Futures losing 0.1% and S&P 500 Futures rising about 0.4%.

Canada Retail Sales ex Autos (MoM) below expectations (0.8%) in February: Actual (0.5%)

Canada Retail Sales ex Autos (MoM) below expectations (0.8%) in February: Actual (0.5%)
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GBP: BoE hawkish hold risk and data support – Societe Generale

Societe Generale analysts highlight that stronger‑than‑forecast United Kingdom (UK) inflation and PMIs (Purchasing Managers' Index) raise the question of a potential hawkish dissent at next week’s Bank of England (BoE) meeting, even though the house view is for a unanimous hold.
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