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3 Numbers: CPI sparks Eurozone deflation fears - EU & US job reports
Europe’s economy remains in focus on Thursday with several updates, including Eurozone data for consumer inflation and unemployment. Later, the market will focus on US jobless claims, which dropped to an eight-year low in the previous release. Keep in mind that we’ll also see fresh numbers today for Germany's retail sales (06:00 GMT) and unemployment (07:50 GMT), along with consumer spending for France (06:45 GMT). EU: Consumer Price Index (09:00 GMT) Deflation worries are on the rise again, as suggested by the recent drop in bond yields. Germany’s benchmark 10-year yield, for example, slipped to a record low ... (full story)