-
3 Numbers to Watch: UK CPI, German ZEW, US housing starts
Questions about the wisdom of the European Union’s plan to impose a levy on Cypriot bank deposits as part of a bailout deal for the liquidity-challenged island country will continue to roil markets and colour economic news from elsewhere in the Eurozone. That includes today’s economic sentiment update from Germany via the ZEW survey. Meanwhile, the UK releases its February update on consumer price inflation today, followed by the February release for US housing starts. UK CPI (09:30 GMT) Today’s number on consumer prices arrives shortly after the market’s inflation forecast touched a four-and-a-half year ... (full story)