US ISM Non-Manufacturing PMI falls to 54.4 in Mar from 56 in Feb
Apr 3, 2013
Mario Draghi not expected to decide on an interest rate cut yet – Adam Narczewski
The recent crisis developments in Cyprus as well as unfavorable Eurozone economic data are not sufficient reasons for the ECB to cut rates in April, in the opinion of Adam Narczewski. The analyst believes that an announcement of other measures to stimulate the economy would be more possible.