was closed for a holiday, though futures were trading 0.2% lower.
Data on U.S. retail sales are expected to show a rise of 0.3% ex-autos, continuing the slower trend but solid enough to fit into the market's favoured soft-landing theme. They have also priced in at least 110 basis points of easing for next year, starting from March, which saw two-year bond yields down 18 basis points last week.
Source: News Formal (newsformal.com)
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