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US Retail Sales MoM up 2.7% for August is outstanding!!!

Prior Consensus Consensus Range Actual
R/S - M/M change -0.1 % 2.0 % 0.8 % to 2.9 % 2.7 %
R/S less autos - -0.6 % 0.4 % 0.1 % to 0.8 % 1.1 %

This is great news for the US economy. Another sign that the recession is easing.

Dow futures are up 0.25% at the moment. Let's see how the US market goes overnight. It should make for an interesting day on our market tomorrow.

Cheers.