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Posted To: MBS Commentary
After two trading days that have been either devoid of market movers or predominantly focused on overseas considerations, Wednesday offers a homecoming for domestic data's importance . That said, though the outright number of data sets is limited in the overnight session, Industrial Production for the EU is big enough to be a consideration (not as much of a consideration as it could be if it were, say, a February report instead of January, but not inconsequential). The meat and potatoes of the domestic session is clearly the 8:30am data with the relatively mighty Retail Sales figures leading the charge. Import/Export prices will be reported at the same time but they'll only serve to take up valuable screen space and reading time--effectively getting in the way of a quicker assessment of the...(
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