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A worker at the Liebherr manufacturing company, which produces gear cutting tools, wears a protective mask as he works in the factory a day after its re-opened, as Italy begins a staged end to a nationwide lockdown due to a spread of the coronavirus disea

Italian Industry Output Jump Allays Recession Fears

Italian industrial output was much stronger than expected in April, rising 1.6% from the month before after a 0.2% gain in March, data showed on Friday, boosting growth prospects for the second quarter.
U.S. hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011.

Dollar Takes Breather Ahead Of U.S. Inflation Test

The dollar edged off a two-week high on the euro on Friday, ahead of inflation data that should guide the Federal Reserve's policy tightening path, and after the European Central Bank said it would start its rate-hike campaign next month.

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