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Markets subdued ahead of US inflation data

Trading remained fairly range traded yesterday with a lack of headline economic data.

Markets subdued ahead of US inflation data

Weak US Retail Sales Rattle Markets

It was a wild afternoon for the financial markets yesterday following confirmation that US retail sales fell by 0.3 per cent month on month against the expectations of a 0.1 per cent fall.

All eyes on jobs data

A drop in yesterday’s headline UK inflation data to a five-year low of 1.2 per cent dampened rate hike expectation for the rest of the year.

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