Current Economic News.

Euro-area inflation came well below expectations.
China cut its reserve ratio requirements.
The G20 meeting didn’t come up with a viable plan to booster the world economy.
The Germans sovereign debt yields fell once again.
Ireland elections had no clear winner.
Progressive candidates made progress in the Iranian Parliamentary Elections.
Bullish bets on oil increased to the highest level since Nov as hedge funds and other speculators increased their net long positions.
Oil producers operating in Iraq’s Kurdish region fell by as much as 40%