German October Consumer Prices Unexpectedly Decline


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Headlines all negative today.  

Soft prices indicate soft demand.

Weakness and calls for deficit cuts heightens stresses on vulnerable national govt finances.

The eurozone remains the one part of the world with systemic risk built into its institutional structure.  

Highlights:
German October Consumer Prices Unexpectedly Decline
German Investor Confidence Drops in November on Weaker Outlook
Germany to Observe EU Call for Deficit Cuts, Schaeuble Says
French Economic Recovery Probably Strengthened in Third Quarter
Italian Industrial Output Fell More Than Forecast in September
EU to Give Spain Extra Year to Trim Budget Deficit, ABC Reports


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