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US TSYS

Modest Tail On 2Y Auction

EQUITIES

E-Mini S&P Extends Bounce to 100 Points

EURUSD TECHS

Needle Still Points South

EUR

EUR Strength Pervades After London Close

US DATA PREVIEW
US DATA PREVIEW: REPEAT: Nov retail sales expected to increase 0.3%, held back
by softer auto sales after Sep hurricane-driven surge.
-Ex-auto retail sales seen up 0.7% due to higher gas prices, iPhone sales, and
holiday shopping.
-Of past 20 November reports, headline retail sales have been underestimated 11
times and ex-auto underestimated 12 times, suggesting a risk of a possible
upside surprise.
-Control group to show continued strength in consumption feeding into Q4 GDP.