Ebbing oil prices are cheerleading this week's renewed optimism on U.S. disinflation - with retail soundings still perky into the Thanksgiving period and as the data diary shifts to housing and industry. This week's stock and bond surge on news of a fresh decline in headline and 'core' U.S. consumer price inflation last month was underscored on Wednesday by data showing the biggest decline in producer prices in three and a half years. That drop, which takes annual producer price inflation as low as 1.3%, was driven largely by falling gasoline prices.
MORNING BID AMERICAS-Ebbing oil sustains inflation, retail glow
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Morning Bid: Ebbing oil sustains economic glow
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ECB Urges Global Rules for Debt Erased in Credit Suisse Rescue
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