- 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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