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Image: Nick Karvounis on Unsplash
Euro area retail spending is up 4.2% from October 2019 to October 2020. From September 2020 to October 2020, Denmark (+8.3%) and Croatia (+6.5%) are well ahead of Netherlands (-0.7%) and Luxembourg (-0.3). With Christmas season upon us and people desperate to do something, anything, that doesn't involve the television, a busier economy is sorely needed.
EURGBP opens at 0.901 today.