Morning Bid: It’s all about inflation


Source: reuters.com reuters.com

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A look at the day ahead in European and global markets from Anshuman Daga Markets are back to inflation watching. Just as global economic growth worries ease and labour markets remain tight, price trends have become the main focus for investors. A slew of strong U.S. economic data has reinforced the view that interest rates will stay higher-for-longer. The latest evidence came in the personal consumption expenditures price index, the Federal Reserve's preferred gauge of inflation, which shot up 0.6% last month after gaining 0.2% in December. Over in Europe, preliminary February inflation data is due from Germany, France, Spain...