US DATA ALERT

Current: -0.5% Expected: -0.1% Previous: 0.3% (Data seen lower estimates, negative for U.S. Dollar) *U.S. Retail Sales m/m* Current: -1.1% Expected: -0.8% Previous: -0.6% US Retail Sales for December drops to -1.1% against forecasts of -0.8% and 0.6% in November. The Core Retail Sales data also sees a drop to -1.1% against forecast of -0.4% and revised figures of -0.6% in November. PPI (MoM) for December falls to -0.5% against estimates of -0.1% and revised figures of 0.2% in November. On a yearly basis as well PPI fell to 6.2% against forecasts of 6.8% and revised figures of 7.3% reported in November. Core PPI also sees a cooling both on a monthly and yearly basis. *Data Negative for USD, Positive for Bullions*