ECONOMY

Greek economy minister believes deal will be finalised next week.

Victorious bidders have to pay a quarter to a third of the winning price initially, and the remainder by 2027.

The market consensus is for a hold of the current 4% rate.

Signing parties of memorandum of preparation for AIIB have unanimously agreed to set up AIIB's headquarters in Beijing.

China's so-called 'moderately wealthy' predicted to hold a combined wealth of $53tn.

Ukraine is already reliant on international aid to stay afloat.

Durable goods orders data disappointed and Chicago Fed president Charles Evans comments were dovish.

Ihor Kolomoisky removed from Dnipropetrovsk post over an oil firm dispute.

Chicago Fed's Charles Evans said low inflation would make a rate hike this year risky.

House of Lords economic committee says government HS2 project has no convincing case.

Alexis Tsipras, Greek prime minister, unwittingly triggers a new independence movement in Greece.

Balfour Beatty made a loss of £59m in 2014 and reported that it will not be paying shareholders a dividend.

Austria has decided to participate in the AIIB after cabinet meeting, Xinhua news agency reports.

US oil magnate and BP Capital boss T Boone Pickens says the idea of 'peak oil' should not be dismissed.

Smith remains highly sceptical over shale oil extraction.

State-owned Aramco has an over 10% market share in China and now wants to boost supplies, says CEO Khalid Al-Falih.

US earlier agreed to produce four defence technologies in India, when Barack Obama visited New Delhi in January.

If forecasters prove right, euro will rise to new highs later in the day.

US core CPI at 1.7% y/y in March vs 1.6% in February, consensus 1.6%.

Eurozone business activity has grown at the fastest rate for four years, Markit said.

Flush with cash, and facing a competitive home market, Chinese firms are expected to continue hunting in Italy.

Consumer Price Index shrinks from 0.3% to 0% but was unchanged in the year to February 2015.

US economy is expected to grow by at least 3% in 2015.

Head of European Central Bank expressed cautious optimism that Greece would benefit from ECB money printing.

Greek prime minister has sought to improve relations with Germany after a difficult period.

The shadow chancellor will unveil the general election manifesto pledge in a speech in Birmingham.

Japanese Finance Minister provided cautious outlook about cooperation between China-led AIIB and ADB that is dominated by Japan and US.

German and eurozone Markit PMI data and CPI/PPI numbers from the UK are awaited in European session.

China HSBC/Markit manufacturing PMI falls to 49.2 in March from 50.7 in February.