Key points

• US retail sales beat expectations in February.

• Trump will give a national address tonight on the conflict with Iran.

• In Europe, the manufacturing PMI rises in March to its highest level since mid-2022, though the war is leaving its mark on prices.

• In Mexico, the Finance Ministry sends Congress the Pre-criteria for Economic Policy 2027 today.

• In the United States, the March manufacturing PMI and ISM are published later today, both expected to remain stable compared to the previous month and in expansion territory.