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Eurozone Retail Sales drop 0.9% YoY in July vs. -0.7% expected

  • Eurozone Retail Sales stood at 0.3% MoM in July vs. 0.4% expected.
  • Retail Sales in the bloc arrived at -0.9% YoY in July vs. -0.7% expected.

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European Monetary Union Retail Sales (MoM) below forecasts (0.4%) in July: Actual (0.3%)

European Monetary Union Retail Sales (MoM) below forecasts (0.4%) in July: Actual (0.3%)
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PBOC: Will cut FX reserve requirement ratio to help limit yuan weakness

The People's Bank of China (PBOC) said in an online statement on Monday that it would cut the foreign exchange reserve requirement ratio (RRR) by 200
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