Chinese and Eurozone Deflation Contrast US Inflation Outlook Ahead of Key Economic Data
- Chinese markets lose ground as inflation data shows further deflation
- US CPI release this week will indicate trajectory towards inflation target
- Friday's US jobs report eases pricing for a March rate cut
- Eurozone's -0.5% inflation highlights potential for US CPI to post negative monthly figure
- Fed forecasts on Wednesday should indicate if US inflation will hit target by March