USA State Dept Approves Possible Sale To Sweden Of M142 High Mobility Artillery Rocket Systems And Related Equipment For Estimated Cost Of $930 Million

MSCI Nordic Countries Index Rose 1.6% To 378.65 Points. Among The Ten Sectors, The Nordic Industrials Sector Saw The Largest Gain. Sandvik Ab Rose 6.3%, Leading The Pack Among Nordic Stocks

Spain's LNG Imports Rise Almost 20% From Last Year, With US As Main Supplier

France's CAC 40 Up 1.73%, Spain's IBEX Up 3.04%

Eurozone Blue-chip Indices Closed Up Over 2%. The STOXX Europe 600 Index Closed Up 1.85% At 605.95 Points. The STOXX Europe 50 Index Closed Up 2.58% At 5831.91 Points. The FTSE Eurotop 300 Index Closed Up 1.83% At 2417.72 Points

[Iran Reiterates No Right To Pass Through The Strait Of Hormuz For Ships Linked To Hostile Forces] On The Evening Of March 10 Local Time, Alireza Tansiri, Commander Of The Iranian Islamic Revolutionary Guard Corps Navy, Warned Via Social Media That Any Ships Linked To Hostile Forces In Iran Are Not Allowed To Pass Through The Strait Of Hormuz. He Stated, "If You Have Any Doubts, You Can Try Approaching." Previously, The Iranian Islamic Revolutionary Guard Corps Stated That Military And Commercial Vessels Belonging To The United States, Israel, European Countries, And Their Supporters Are Prohibited From Passing Through The Strait Of Hormuz, And That "if Discovered By The Iranian Islamic Revolutionary Guard Corps, They Will Be Dealt With."

Bank Of America Warns: Soaring Oil Prices May Not Necessarily Lead To A Hawkish Fed; Significant Rate Cuts Are Still Possible. Bank Of America Stated That Investors Betting The Fed Will Adopt A More Hawkish Stance Due To Rising Oil Prices May Be Misjudging The Situation. The Bank Warned That Supply Shocks Could Also Result In Interest Rates Remaining Unchanged Or Even Being Significantly Lowered. Since The Outbreak Of The Iran-Iraq War, The Yield On Two-year US Treasury Bonds Has Moved In Tandem With Soaring Oil Prices, Reflecting Market Expectations Of Rising Borrowing Costs. However, Bank Of America Economist Aditya Bhave Pointed Out That This Judgment "may Be Wrong."