Markets steadier in an uneventful Monday's session

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Monday, Apr 13 2015

Markets are being steadier in an uneventful Monday's session. There are no major data releases today, except China's Trade Balance figures, due to which Aussie is still decline, with pair going all the way to 0.7550 area, where it found some amount of support. Sterling, which was initially pushed lower, managed to rebound and is currently being traded around 1.4640 level.

Earlier today, from Eurozone Italian Industrial Production figures were released. In February 2015 the seasonally adjusted industrial production index increased by 0.6% compared with the previous month. Analysts were anticipating 0.5% incline. The percentage change of the average of the last three months with respect to the previous three months was +0.4%.

The calendar adjusted industrial production index decreased by 0.2% compared with February 2014 (calendar working days in February 2015 being the same as in February 2014). We cannot expect any huge movements in the rest of the session.

More in this category: « Euro little changed in a steadier morning part of the session NAB Business Confidence rose in March »

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