Italy Trade Balance non-EU: €2.84B (February) vs €-0.233B

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Net Bond outflows from the eurozone overtake net equity inflow – BTMU

Derek Halpenny, European Head of GMR at Bank of Tokyo-Mitsubishi UFJ, reviews the Balance of Payments data, noting that with the overall net bond outflow amounted to EUR 219bn, greater than the net inflow in equities, for the 12-month period to January.
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German IFO Business Climate Index inches upwards

The German Ifo Business Climate Index for industry and trade in Germany rose to 107.9 points in February from 106.8 points last month. The actual data beat the expectation of 107.3 points.
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