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ECB’s Cipollone: Inflation target may be reached sooner than last projections indicated

European Central Bank (ECB) Executive Board member Piero Cipollone said on Monday, “the inflation target may be reached sooner than the last projections indicated.”

Additional quotes

Key elements strengthen the case for further rate cuts.

Current conditions make further policy easing conceivable.

AUD/JPY rises above 94.00 following PMI data from both countries

AUD/JPY halts its four-day losing streak, trading near 94.20 during early European hours on Monday.
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France HCOB Manufacturing PMI above expectations (46.2) in March: Actual (48.9)

France HCOB Manufacturing PMI above expectations (46.2) in March: Actual (48.9)
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