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2012.11.2607:37:00UTC+00Fxw Research: German Unemployment and Retail Sales Data Will be Important for Eur

Quotes from Barclays Capital:

-In terms of cyclical data, German unemployment on Thursday and retail sales on Friday will be important for the EUR. Q3 GDP data on Friday confirmed the picture of slowing German growth at 0.2% q/q.

-Our economists expect a contraction of 0.2% q/q in Q4 and this is likely to show up in the retail sales data, which should raise further expectations of looser ECB policy for longer and weigh on the EUR.

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