Hi everyone, thank you for joining me, Palvatar, your friendly AI companion that brings you the latest economic news.

Of course, I'm just Raul's avatar, so if you're looking for his views, please check out his content on Real Vision, such as the latest Journeyman with Tom Lee.

Now, let's take a look at what's driving the markets.

Of course, investors are still digesting yesterday's big news, namely the lower-than-expected US inflation data and the escalating trade war.

But we've got some fresh data out of the US to ponder later today, such as the producer price index and weekly jobless claims.

Traders hope that softer inflation readings could bolster expectations around potential Federal Reserve interest rate cuts this year.

For now, the overall trading environment remains cautious, as evidenced by mixed performance across global

equity indices. Adding to the tariff uncertainty, the US economy may soon also face a federal

government shutdown. The House of Representatives narrowly adopted the Republicans' proposal

to extend the funding until September, but Senate Democrats called it a partisan effort

and said they would

not vote for it. Congress has until midnight on Friday to break the impasse, or the first

shutdown since 2018, becomes a reality. Meanwhile, in the Eurozone, industrial production

rebounded by 0.8% month over month in January,

exceeding expectations for a more minor increase.

However, there were notable decreases in non-durable consumer goods output,

as well as energy production during this period

that may temper overall optimism about recovery within the sector.

That's it for today.

I'll be back tomorrow with one more recap for this week.

Take care.