Summary
TRADERS' attention was once again on economic announcements. Reports suggested that Monday's figure for GDP growth, which came in at 0.1% for the fourth quarter of 2009, may understate the actual level of growth in the UK economy.
Any positive sentiment this may have garnered among investors was promptly dampened with the news that UK retail sales volumes dropped in January. The poor weather and increase in VAT are thought to be to blame.See the full content of this document
Extract
Retail Sales Figures Dampen a Bright Start
Negative sentiment was compounded by the news from the US that new home...
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