· Kiwi dollar surges on expectations income tax cut will defer RBNZ rate cuts; but can it really stoke consumer spending?
· Discretionary spending falters for both the UK and Canadian retail sales reports marring the upside headline surprises.
Stories to watch on DailyFX
· With the pound building bullish momentum, will a GDP revision be enough of a fundamental boost for a Friday?
· Existing home sales will mark the true turn for the US housing market; but economists don't see it happening with tommorrow's data.
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