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3 Numbers: German retail tremors, Eurozone CPI, US inflation
After this week’s Federal Reserve Bank’s policy-setting meeting that ended the monthly asset purchases, market focus has shifted to the timing of the its first rate hike (supposedly mid-2015) and what the other central banks are up to. The biggest question marks are over the European Central Bank (ECB) and the Bank of Japan (BoJ), as is the Ukrainian crisis – after yesterday’s gas deal for Ukraine, we might see a positive market reaction in the stock- and bond markets as this is a sign that Russia is becoming more accommodative as the economic sanctions have begun to hurt its economy. Today’s data calendar ... (full story)