Sunday, April 15, 2012


  • Italy's industrial output fell 0.7% MoM, and 6.8% YoY.

  • Prichard: The Middle-East "war-premium" in current oil prices is poised to fall after a tentative breakthrough on Iran's nuclear programme over the weekend, offering a soothing tonic for battered equity markets across the world.

  • The Obama administration welcomes China’s move to expand the Yuan’s trading band against the dollar, saying it could help to shrink global trade imbalances.

  • Geithner on Sunday urges lawmakers to approve the “Buffett Rule” to tax millionaires, framing the proposal as an issue of tax fairness this election year.

  • France saw a rise the number of new enterprises established in March from the previous month thanks to a favorable economic and investment climate, official data showed on Friday.According to national statistics bureau Insee, 51,329 new firms were set up in March, up by 8.4 percent from February.

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