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Rolling coverage of the latest economic and financial news

Earlier:

Over on Wall Street, stocks have hit fresh record highs in early trading.

⚠️BREAKING:

*DOW, S&P 500 HIT NEW RECORD HIGHS pic.twitter.com/eaN5bRzBRR

Today’s ZEW survey also showed that investors are less worried about rising prices in the eurozone, with inflation expectations dipping.

ZEW survey inflation expectations dropped sharply. First time a survey now too views inflation as transitory pic.twitter.com/AFXT9Rcd2O

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