Market movers ahead In the euro area, we estimate GDP was been flat in Q3, underscoring considerable loss of momentum. We expect Italy to slide into recession and Germany appears to have only just avoided one. On the other hand, Spain has started to shine. In the US, we estimate retail sales rebounded only modestly in October on the back of a weak September. Lower gasoline prices continue to weigh on headline growth but consumer spending also appears to have slowed a bit. In China, we
Reported by FXstreet.com 2 days ago.
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