10:00 AM BST, Euro Zone - Retail Sales Data for June:
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Retail Sales: actual 3.1% YoY; forecast 2.6% YoY; previous 1.9% YoY;
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Retail Sales: actual 0.3% MoM; forecast 0.4% MoM; previous -0.3% MoM;
Retail sales rebound in the Euro Zone, although month-on-month reading slightly missed the expectations. Food, drinks and tobacco sales increased by 0.2%, non-food products by 0.6% and automotive fuel by 0.4%, indicating stronger seasonal demand.
EURUSD ticked slightly up, but the upper bound of the consolidation around 1.158 is still capping gains amid low trading volumes.
Source: xStation5
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