Italy`s borrowing cost dropped substantially at an auction today....

Throughout the current week we had a number of high profile data from China, Europe and the US amongst others. Last Tuesday Chinese flash manufacturing PMI for the month of April slipped to 50.5 from...

German IFO data released was weaker than expected....

The US New Home Sale data for March rose to 417’000 against a consensus of 416’000 up from a previous figure of 411’000....

US PMI Flash manufacturing for April missed the consensus by 2 points establishing itself at 52 down from a previous reading of 54 .6....

This afternoon, Retail Sales m/m figures released were slightly better than the expected figure for the month of February in Canada...

This morning, the EUR/USD broke below a support level and headed under 1.30 territory....

UK data shows a clear weakening of its economy....

PMI figures for Germany though stronger than the French ones, stopped Market participants’ euphoria....

Though the PMI figures for France show that the country’s economy is still contracting, the figures released show a slight improvement of the Service and Manufacturing activity in April....