Commodities retreated in US morning as investors took profits after yesterday’s rally. Eurozone data released during the data disappointed with Germany’s retail sales slipping -1.7% m/m in December, following a downwardly revised +0.6% a month ago. The job market, however, showed modest improvement in January with the number of unemployment reducing -16K, following a -2K drop in December.
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Commodities Retreated on Profit-Taking
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