Market Comment | Weak activity and inflation data weigh on financial markets

Summary

  Negative data in the US. US retail sales rose less than expected in September (by 0.1% MoM; consensus: +0.2% MoM), whereas ex autos they dropped more than estimated (by -0.3% MoM; consensus: -0.1% MoM) and ex auto and gas remained unchanged unexpectedly (consensus: 0.3% MoM). On another front, PPI decreased in September more than […]

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