Bank of Japan's Ueda Flags Low Real Interest Rates as Key Factor in Rate Hike Timing 
Bank of Korea Nominee Shin Hyun-song Calls for Flexible Monetary Policy Amid Iran War Risks 
RBI Clamps Down on Rupee NDF Activity, Banks Face Steeper Losses 
RBI Holds Interest Rates Steady Amid Middle East Tensions and Global Uncertainty 
Bank of Korea Governor Nominee Warns of Action if Korean Won Weakens Further 
Bank of Japan Warns of Regional Economic Risks Amid Middle East Conflict and Rising Oil Prices 
Bank of Japan Governor Signals Accommodative Stance Amid Negative Real Rates 
RBA's Hauser Flags Uncertainty on Rate Settings Amid Iran War Economic Risks 
Singapore Tightens Monetary Policy Amid Middle East War Inflation Risks 
Noflation alone, won't be dominating governing council meeting in March, when ECB members convene on 10th, especially after today's release of economic dockets.
- Germany, which is Euro Zone's largest and most stable economy, experienced slowdown in GDP growth, much sharper than what was anticipated by economists. According to median estimate, economy was expected to grow by 2.3%, but growth in fourth quarter came at 1.3%, even much slower than prior 1.7%.
Germany however isn't the only one with such experience.
- Italy, which is Euro Zone's third largest economy saw its growth slow down to just 1% in fourth quarter of 2015, lower than median expectations of 1.2%.
As growth turned out to be lacklustre in large economies, worst performing ones suffered much more.
- Greece's economy shrank by 1.9% from a year ago.
Overall growth in Euro Zone was positive but anemic. Economy grew 0.3% on quarterly basis, up 1.5% from a year ago.
Expect corporate profitability and outlook to suffer too as Euro reversed its recent downward slide and rose as much as 4.5% against Dollar in last three months. Euro is currently trading at 1.128 against Dollar.
