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US Retail Sales take the focus for the US this week, but elsewhere there is plenty of inflation and growth data to keep traders on their toes.
Fed Chair Powell moving to a less hawkish positioning has weighed on US bond yields and the USD whilst boosting risk appetite with commodities and equities higher today.
The previous trends are starting to reassert themselves as the USD slips back and sentiment for the recovery in equity markets builds again. However, these are essentially holding patterns ahead of a likely volatile week ahead.
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