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Markets have been jolted into life following lower-than-expected US CPI inflation. The USD has been correcting lower although the slide has been choppy. Commodities have also been fluctuating, but indices continue to build higher.
With a tumultuous reaction to US CPI earlier in the week, markets have begun to settle. However, US Retail Sales are up as the next risk event for major markets.
It is a packed week of tier-one data. Traders will be preparing for retail sales, inflation and GDP data from several major and LatAm economies. Volatility will be elevated across markets
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