News

British government bonds continued their decline; the yield on British two-year government bonds rose 10 basis points to 3.63%.

U.S. Defense Secretary Hegseth: Trump doesn’t play games.

Indian Prime Minister Narendra Modi: Had a productive phone conversation with the King of Bahrain. India condemns the attack on Bahrain and stands united with the people of Bahrain at this difficult time. Thank you to the King for your unwavering support to the Indian community in Bahrain.

US Defense Secretary Hegseth: Iran is not a regime change war, but the regime has indeed changed.

U.S. Defense Secretary Hegseth: Iran is building a shield against its nuclear ambitions.

US Defense Secretary Hegseth: A "crazy regime" like Iran cannot have nuclear weapons.

U.S. Defense Secretary Hegseth: If you kill or threaten Americans, we will hunt you down.

U.S. Defense Secretary Hegseth: We are ending this war.

U.S. Secretary of Defense Hegseth: (on the Iran operation) This is the deadliest, most complex, and simplest air operation in history.

ECB Governing Council Member Kocher: There is no sign that ECB President Christine Lagarde will leave her position early.

ECB Governing Council Member Kocher: Inflation is “exactly at the ideal level.”

Market news: The U.S. Embassy in Iraq asked its staff to shelter in place.

ECB Governing Council Member Kocher: Exchange rate is not a trigger for ECB action.

ECB Governing Council Member Kocher: The ECB should be prepared to adjust interest rates quickly.

ECB Governing Council Member Kocher: It is too early to quantify the impact of the US attack on Iran.

Canada's national economic confidence index was 54.2 as of February 27, compared with the previous value of 53.4.

Market news: Britain plans to send Ukrainian experts to the Middle East.

Canadian Foreign Minister Anand: Canada condemns Iran’s attacks on civilian infrastructure in the Middle East, including Gulf countries.

Canadian Foreign Minister Anand: The Canadian government is paying close attention to the development of the situation in the Middle East. We call on all parties to prioritize protecting civilians and civilian infrastructure, resume negotiations, and promote a diplomatic solution to the crisis.

British Prime Minister's Spokesperson Wells: So far, the conflict in Iran has not had an impact on British fuel supplies.