Market Comment | Plummeting oil prices rattle financial markets

Summary

Mixed data in the US. US retail sales increased in November below estimates (by 0.2% MoM; consensus: 0.3%), whereas ex-auto and gas they rose more than was estimated (by 0.4% MoM; consensus: 0.3%). Meanwhile, PPI final demand increased unexpectedly (by 0.3% MoM; consensus: 0.0%). On another front, the December University of Michigan sentiment index rose […]

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