Focus for Global Trading Remains on the US with January Retail Sales

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Focus for Global Trading Remains on the US with January Retail Sales

Markets In a first reaction, markets doubted how to react to US CPI release. US Headline consumer prices rose 0.5% M/M and 6.4% Y/Y (from 0.1%MM and 6.5% Y/Y). Core inflation printed at 0.4% M/M and 5.6% Y/Y (from 5.7%). Monthly moves were close to, but higher than, expectations. The report suggests that the disinflationary […]

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