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3 Numbers to Watch: EU CPI, US ADP employment and ISM Services

From tradingfloor.com

Today's initial estimate of Eurozone inflation for March may offer clues about whether the European Central Bank will announce a more aggressive program of monetary stimulus in tomorrow's policy statement. Later, we will learn how the March numbers stack up in the ADP Employment Report and the ISM Non-Manufacturing Index for the US. EU Consumer Price Inflation (09:00 GMT): The Eurozone is still in recession and it's not obvious that the contraction is easing, as yesterday's update on unemployment reminds us. Revised data from Eurostat shows that the jobless rate rose to an EU record of 12 percent in the first two ... (full story)

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