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Eurozone retail sales recorded a small increase in January which points to a weaker start to the year than expected as higher prices continue to weigh on consumers. ....
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A day of consolidation beckons December 15, 2020SharePrint Financial markets have a hurry up and wait look about them at the moment. There are lots of balls in the air now, but none of them has landed. A new bi-partisan USD908 billion US fiscal stimulus proposal was released, but nobody knows if it will get past the Senate Republicans. China. Brexit is well, Brexit. Enough said. Pfizer-BioNTech’s Covid-19 vaccine started distribution in the United States, but New York is heading for a hard lockdown, and the virus’ rampage across the US continues unabated. London is also heading for stronger virus curbs, with Germany, the Netherlands and Ireland facing the same. In Asia, Japan, South Korea and Japan face the same creeping situation, although to a much lesser extent. ....