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New Zealand Business NZ PMI dipped from previous 55.9 to 54.5 in March

FXStreet.com (Barcelona)

ECB: No commitment but no time for taper talk - RBS

Richard Barwell, Senior European Economist at RBS, shares his view on Wednesday's ECB meeting, noting that the Central Bank remains determined to see the public sector purchase programme (PSPP) through to its conclusion, dismissing speculations of an early taper.
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China's weak data partly due to seasonal effects - Capital Economics

Chang Liu, Economist at Capital Economics, notes that while output growth in China disappointed in Q1 (released earlier on Wednesday), part of the reason was seasonal effects which should disappear as soon as the data for April.
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