GBP/USD fell below 1.28, down 0.45% on the day.

According to Turkish banking sources: Turkish banks have begun limiting the number of installments for cash advances to curb loan growth.

The U.S. three-month Treasury bond auction as of March 11 - the bid-to-bid ratio was 2.53, compared with the previous value of 2.65.

The U.S. six-month Treasury bond auction as of March 11 - the winning interest rate was 5.1%, compared with the previous value of 5.11%.

NATO Secretary-General Stoltenberg: (Regarding French President Macron’s comments about sending Western troops to Ukraine) It is very important to consult on important issues and adopt a common approach among allies.

Market news: The Czech Prime Minister will meet with US President Biden at the White House on April 15.

Algerian Energy Minister: Investment in Algeria’s energy sector will increase by more than $9 billion in 2023, compared with $8 billion in 2022. Fuel export revenue fell by 16% to about $50 billion in 2023 due to lower average oil prices.

Market News: Brazilian President Lula summoned the CEO of Petrobras to discuss the dividend crisis.

New York Fed: The three-year inflation expectation was 2.7% in February, compared with 2.4% in January; the five-year inflation expectation was 2.9%, compared with 2.5% in January.

New York Fed: One-year rent growth forecast in February is the lowest since December 2020. Consumers were more pessimistic about the job market in February.

Market news: Yandex’s new Russian entity will apply to list in Moscow.

According to a Reuters poll: 38 of 44 economists said the March dot plot was more likely to show fewer interest rate cuts.

According to a Reuters survey: 72 of 108 economists said the Federal Reserve will cut interest rates for the first time in June. Fifty-two of the 108 economists said the Fed would cut interest rates by 75 basis points or less in 2024, and 26 said it would cut rates by 100 basis points.

Industry observer agency Euroilstock: European refinery crude oil imports in February were 9.45 million barrels per day, an increase of 0.4% month-on-month and a year-on-year decrease of 0.5%.

The Australian dollar AUD/USD fell below 0.66, down 0.40% on the day.

Industry observer Euroilstock: European fuel oil inventories were 57 million barrels in February, down 1.7% month-on-month and 6.6% year-on-year.

The Israeli new shekel fell 1% against the dollar, its biggest drop in nearly three weeks.

Industry observer Euroilstock: European gasoline inventories reached 102 million barrels in February, down 3.8% month-on-month and 9.7% year-on-year.

Industry observer Euroilstock: European crude oil inventories reached 417 million barrels in February, the same as January, a year-on-year decrease of 2.3%.