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Eurozone consumer prices drop again

Mar. 02, 2015 6:24 AM ETFXE, ERO-OLD, URR, DRR, ULE, EUO, EUFXBy: Yoel Minkoff, SA News Editor
  • Eurozone consumer prices fell for the third straight month in February, giving some encouragement to ECB policy makers as they prepare to meet in Cyprus on Wednesday and Thursday to set the stage for their new stimulus program.
  • Eurostat said prices were 0.3% lower than in February 2014, having fallen 0.6% in January, while the unemployment rate across the eurozone fell to 11.2% in January, its lowest since April 2012.
  • FTSE 100 +0.3%; DAX +0.2%; CAC 40 -0.4%; Euro Stoxx 50 -0.1%.
  • ETFs: FXE, EUO, ERO, DRR, EUFX, ULE, URR

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