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Calm returns to markets

There is little data of note due out today, with the rest of the week also light on big ticket economic releases.

Calm returns to markets

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.

UK inflation numbers to determine timing of interest rate hike

With the US markets closed yesterday for Columbus Day, trading was fairly muted and remained range bound for the Greenback.

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