The euro area's industrial production figures for February were disappointing for markets today and missed forecasts. Despite that, the production is still positive which is less worries over the state of the economy.

EU industrial production rose 0.4% half the expected pace, though rising from the revised 0.2% previous from 0.3%. On the year production was higher by 7.3% from a revised 6.6% and below the expected 8.0% gain.