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By Chris Becker
Last night saw continued withdrawal of buying confidence this time with economic news actually having an impact as US advanced retail sales surprised to the downside. US stocks led the charge down with the Dow off 1% but commodities recovered on the Chinese retail sales/FAI/production figures yesterday. Risk markets are waiting patiently for a go signal but mixed messages from the Fed and other central banks amid the ongoing trade war battles are not providing any clarity.
The economic calendar today is relatively quiet with consumer inflation expectations locally.
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