UK retail sales plunge in December

By Craig Erlam UK retail sales fell sharply in December as consumers tightened their purse strings during what is normally a hugely important time of year for retailers. Any sense of optimism

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RBA on hold, Chinese sluggish recovery

By Craig Erlam   The Australian dollar fell further Tuesday morning despite the RBA holding interest rates steady and warning that further tightening may be necessary. The central bank warned that while inflation

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It’s going to be a bumpy ride

By Craig Erlam   It’s been another eventful week and one that serves to remind us that while there may be more sources of optimism this year, compared with last, it’s going to

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