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US: ISM Non-Manufacturing PMI surprises by rising to 56.0 in February

The ISM non-manufacturing PMI rose from 55.2 to 56.0 in February, instead of dropping to 55.0 as expected, surprising investors positively.

US IBD/TIPP Economic Optimism (MoM) decreases to 42.2 in Mar from 47.3 in Feb

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Troika to suggest loan extension options for Ireland and Portugal and resume aid talks with Cyprus

At the press conference ending the two-day Eurogroup meeting on Tuesday EU Commissioner for Economic and Monetary affairs Olli Rehn assured that the the Troika would resume bailout negotiations with Cyprus as soon as possible, with an aim of reaching the final deal at the end of March.
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