Good and bad news
Bloomberg out with an article. The good news for euro bulls is:
- industrial production beat estimates
- a bigger trade and current account surplus
the bad news:
They refer to Peter Praet stating that Q1 slowdown is temporary, so the ECB really want to see these weak numbers turnaround in Q2
Jury very much still out on the situation for Europe. Q2 is going to be in the spotlight. Look to the Q2 data for fresh euro moves...
