Euro zone data boosts shares and bonds, Deutsche Bank fears overblown, tech and H&M results drive European stock rally.

Shares and bonds have seen a boost in the market after a dip in the Fed's preferred inflation gauge and a record monthly drop in euro zone inflation figures. The dollar has barely moved despite recent banking scares, while Europe's shares have been lifted. MSCI's 47-country all world index is heading for its best week since January, while Asian equities have also notched up their first March gain in four years. The focus is back on the economy and what the inflation picture means for the Fed, the global economy, and the banking system.