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3 Numbers to Watch: EU retail sales, US jobs and trade balance

From tradingfloor.com

The central bank-heavy week gets a break from politicians with some real numbers for a change. In addition to the selected three items, Germany’s factory orders are worth mentioning. Eurozone February Retail Sales (09:00 GMT): The expectation is for a drop of 0.2 percent after January’s surprisingly large 1.2 percent gain. In the final analysis, Europe has two choices: closer union or eventual breakup. Closer union requires political support at the national level but the electorate is becoming increasingly weary in many countries. This applies not just in austerity-ridden countries with mass unemployment, but also in ... (full story)

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