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South Africa Trade Balance (in Rands) registered at 9.47B above expectations (3.7B) in March

Chile Industrial Production (YoY) registered at -2.4%, below expectations (-1.5%) in March

Chile Industrial Production (YoY) registered at -2.4%, below expectations (-1.5%) in March
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EUR/USD hangs near 3-1/2 month lows post-German CPI

   •  German CPI reinforces dovish ECB outlook and keeps EUR on the back-foot.    •  Resurgent USD demand does little to ease the bearish pressure. 
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