Putting a dampener on any optimism that may have been engendered by more encouraging eurozone PMI data, Eurostat reports that retail sales volumes in the bloc slumped a greater-than-expected 1.6% on month in December after rising 0.9% in November. Consensus was for a drop of 0.5%.
On year, sales -1% vs +1.3% prior and forecasts of +1.5%.
The euro is -0.1% at $1.3507. (PR)