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Published on Friday, January 15, 2016

Market Comment | The high volatility maintained a key role during the second week of 2016

Negative data in the US. US retail sales dropped in December, in line with estimates (by -0.1% MoM from +0.2% MoM in November), whereas ex auto and gas They remained unexpectedly unchanged (consensus: +0.4%). Meanwhile, PPI final demand declined in line with expectations (by -0.2% MoM; consensus: 0.0%, previous: +0.3%). In addition, industrial production fell […]