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The hotly anticipated US retail sales figures were released earlier this afternoon and they didn’t disappoint with more records broken. The headline number topped the previous high from October 2001 and came in more than double the estimate at 17.7%, while the prior month’s figure was also revised upwards.The numbers have added to an upbeat mood on Wall Street with the Dow Jones up over 750 points. The wider S&P500 has now bounced strongly from the psychological 3,000 level and the widely watched 200-day Moving Average.Data in the eurozone’s biggest economy also showed some... Read More
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