The comparisons with US peers just got a lot harder for European banks after a strong showing from J.P. Morgan to kick off earnings season, but could there be fresh revenue on the way for European investment banks, even if it is of their own making?
China’s first-quarter economy growth likely cooled to the weakest pace in at least 27 years, a Reuters poll showed, but a flurry of measures to boost domestic demand may have put a floor under slowing activity in March.
Indonesia posted a surprise trade surplus for a second straight month in March, supporting the central bank’s outlook of a narrowing current account deficit, but economists warn a trade deficit could return after Wednesday’s presidential elections.
Iran exported 4.484 million tons of crude steel as well as 2.6 million tons of steel products during March 21, 2018-February 19, 2019, announced the Iranian Steel Producers' Association (ISPA) in a statement on Sunday.
Iranian Industry Minister Reza Rahmani said that the government is determined to pave the ground for an increase in the volume of non-oil exports in the current Iranian year (March 21, 2019-March 20, 2020).
Iran’s oil minister said on Sunday that US sanctions on Iran and Venezuela and tensions in Libya have made the supply-demand balance in the global oil market fragile; he warned of consequences for increasing pressure on Tehran.