FTSE 100 ahead as eurozone succumbs to deflation

Falling prices in the eurozone have heaped yet more pressure on central bank boss Mario Draghi to turn on the money taps.

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Any delay in action from Mario Draghi will disappoint investors

Retailers helped the FTSE 100 climb higher in early action, but investors remain wary with eurozone inflation data for December showing the region slipped into deflation for the first time since 2009.

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Kam Patel

Kam is a former deputy editor at Hemscott Invest and online editor, City A.M and he was also previously the Digital Editor at IFA Magazine. Kam is currently a senior journalist at The Global Treasurer and contributes to MoneyWeek. Kam shares expertise on the FTSE 100, investing and global stocks.