Disappointing retail sales expose weakness of Eurozone recovery – ING

“Is the Eurozone consumption recovery faltering?,“ quotes Teunis Brosens of ING, as he reviews the Eurozone retail sales data, which fell 0.8% mom, indicating that the economy sees a fragile recovery.
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Higher oil boosts RUB, USD slightly weak - TDS

Paul Fage, Senior Emerging Markets Strategist at TD Securities, summarizes the performance in developed and emerging markets during the European trade.
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