Headlines:USD/JPY droops back towards key technical level, lower yields also weighingECB's de Guindos: It is too early to ease monetary policyFrance December business confidence 98 vs 97 priorUK December CBI retailing reported sales -32 vs -11 priorLarge Chinese banks reportedly to cut deposit rates on FridayDollar dominance in global setting still not going away any time soonMarkets:JPY leads, USD lags on the dayEuropean equities lower; S&P 500 futures up 0.5%US 10-year yields down 0.6 bps to 3.871%Gold up 0.3% to $2,035.72WTI crude down 0.3% to $74.02Bitcoin up 1.6% to $44,172It was a quiet session as trading conditions continue to wind down as we approach the Christmas holidays next week.
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