OECD: March leading indicators point to slower expansion in most EU countries.

Market news

9 May 2011

OECD: March leading indicators point to slower expansion in most EU countries.

Still expansion relative to trend in US, Germany, Russia

Stable but slow expansion seen in France and UK

Regained momentum signaled in Canada and China

Slowdown relative to trend seen in Italy, Brazil, India

March leading OECD indicator +0.2 pt m/m, +1.5 pts y/y

GERMANY FINMIN: Won't comment on report Greece needs more aid.

EU focus: U.K. Pound depreciates on rates

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