Norges Bank Increases Stake in LondonMetric Property; Euro Drops Amid Inflation Data and Looming US Tariffs

Norges Bank has disclosed an increased stake in LondonMetric Property PLC, now holding 116,392,993 ordinary shares, representing 5.68% of the company. This was revealed in a public disclosure dated March 28, 2025. Simultaneously, the euro experienced a slight decline following the release of lower-than-expected European inflation data. The euro fell 0.22% to $1.0778. Market participants are anticipating potential European Central Bank rate cuts. The dollar index rose 0.13% to 104.38. Investors are closely watching for the U.S. tariff announcements and inflation data, which are expected to provide further insights into future economic trends.