European Markets Steady Ahead of ECB Meeting, US Inflation Data

• European markets expected to open steady this week ahead of ECB meeting and latest US inflation data • ECB widely expected to stand pat on rates but possibly hint at future rate cuts • US CPI report on April 10 expected to show slowing core inflation; key for Fed rate cut timing • Investors may be getting used to idea of strong US economy and higher rates boosting dollar and shares • Reported progress on Gaza truce talks helped boost risk appetite late last week