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Italian retail sales slow their rate of decline

FXStreet (London) - Italian retail sales continued to fall in September, but slowed their rate of decline. Seasonally adjusted month-on-month sales declined by 0.1 percent from a downwardly revised drop of 0.2 percent in August.

Year-on-year retail sales fell 0.5 percent in September, improving on an upwardly revised 3.0 percent decline in August.

Official concern over pace of decline helping to dampen JPY weakness - BTMU

Lee Hardman, Currency Analyst at Bank of Tokyo-Mitsubishi UFJ, notes the comments made late last week from Japanese Finance Minister Aso expressing concern over the speed of yen’s decline last week appear to be having some success in the near-term at dampening yen weakness.
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Austria Industrial Production (YoY) increased to -2.2% in September from previous -3.7%

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