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European indexes rebounded on Tuesday, bolstered by market participants focusing on green prints in European economic figures and shrugging off a steeper near-term decline in European Retail Sales in December.
The full extent of Germany’s industrial decline in 2023 will be revealed in the coming week with a raft of data that’s likely to hit a new post-pandemic low.
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The GBP/USD pair registered an amazing rally as the Dollar Index crashed despite some positive economic data in the last session.
Western Texas Intermediate (WTI), the US crude oil benchmark, is trading around $74.30 on Friday.