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EMU: Retail Sales drop more than expected in December

On an annual basis Eurozone Retail Sales fell for the 20th running month by 3.4% in December, following -1.9% according to data released today by Eurostat. Analysts expected less decline of -1.1%.

Month-over-month Retail Sales slid 0.8%, down from the 0.1% decrease registered the previous month and below expectations of -0.3%.

Forex Flash: Australian Retail Sales drag AUD/USD – Societe Generale

Kit Juckes, Global Head of Currency Strategy at Societe Generale notes that Australian retail sales fell 0.2% in December, after a 0.2% fall in November and below expectations.
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Forex Flash: US markets rebound yesterday on upbeat data and Dell – Deutsche Bank

Yesterday, better-than-expected services sector data across both North America and Europe and Dell's announcement that it had agreed to be taken private fuelled a +1.4% rally in Tech stocks yesterday which lifted the S&P500 +1.04% higher on the day to almost recover from the previous day's losses.
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