India Trade Deficit – RBI dipped from previous -68.5B to -87.4B in 3Q

Italy Industrial Sales n.s.a. (YoY) declined to -1% in January from previous 3.6%

Italy Industrial Sales n.s.a. (YoY) declined to -1% in January from previous 3.6%
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EUR/USD: Rate repricing and oil shock cap upside – ING

ING’s Chris Turner notes short-dated Euro swap rates have started to edge lower after a sharp spike, but real rate differentials have moved against EUR/USD. He argues this could be Euro-negative if the ECB refrains from an April hike while inflation expectations stay high.
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