Market news: India considers imposing export taxes on low-grade iron ore.

Fitch: The outlook for shipping costs is uncertain, but a reasonable scenario is that they will remain high in the coming quarters.

Fitch: Increases in shipping costs are likely to be reflected in higher import prices in the coming months.

European Central Bank Governing Council member Stunaras: Inflation in the autumn is likely to be close to 2%.

European Central Bank Governing Council member Stunaras: Substantial progress has been made on the inflation issue.

ECB Governing Council member Stuenaras: Opposed to sudden changes in monetary policy.

European Central Bank Governing Council Member Stu Naras: The European Central Bank must remain data-dependent and any monetary policy adjustments must be carried out gradually.

Fitch: The recent sharp rise in shipping costs may have a smaller impact on inflation than the surge in freight costs in 2021.

European Central Bank Governing Council member Stunaras: Uncertainty about geopolitical events is extremely high.

IAEA Director General Grossi is expected to visit Russia in March.

ECB Governing Council member Stu Naras: Monetary policy must ensure smooth transmission.

Fitch: Rising shipping costs exacerbate "last mile" inflation challenges.

European Central Bank Governing Council member Stunaras: The European Central Bank faces more difficult problems than the Federal Reserve.

ECB Governing Council Member Stuenaras: Monetary policy needs to remain prudent.

ECB Governing Council member Stunaras: Revenue losses will not threaten the central bank’s independence.

Slovak Prime Minister Fico: Some EU and NATO countries are considering sending troops to Ukraine on a bilateral basis, but they cannot disclose the reasons. I believe sending troops will lead to escalation.

GBP/USD stood at 1.27, up 0.22% on the day.

Hungarian Prime Minister Orban: Today the parliament will approve Sweden’s proposal to join NATO.

Ukrainian President Zelensky: Ukraine has received 30% of the 1 million artillery shells promised by the EU.