Italy Markit Manufacturing PMI above expectations (48.8) in January: Actual (49.9)

FXStreet.com (Barcelona)

Feb 2, 2015

QE gives Eurozone governments time to reform – ECB’s Coeure

The European Central Bank (ECB) board member Benoit Coeure, while speaking in Budapest, said that the ECN’s sovereign QE program buys time for Eurozone government’s to implement structural reforms.

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Feb 2, 2015

India goes for rebasing and adopts new methodology for GDP computations

The Statistics Office of the government of India announced the rebasing and revision of historical GDP data on Friday, with two key changes implemented. First, the base year for real GDP has been moved from fiscal year 2004/05 to 2011/12. The data should now more accurately reflect the true structure of the economy.

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