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U.K. Retail Sales Jump in December, Adding Complexity to BoE Rate Outlook

U.K. retail sales rebounded sharply in December, signaling a return of consumer confidence after months of caution surrounding the Autumn budget and giving the Bank of England fresh food for thought ahead of its February policy meeting. Monthly sales rose 0.4%, reversing November’s decline, while annual growth surged to 2.5%—well …

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Bitcoin Struggles Below $90,000 as Geopolitical Relief Fails to Spark Crypto Rally

Bitcoin edged slightly higher on Thursday but failed to reclaim the $90,000 level, even as easing geopolitical tensions between the United States and Europe lifted global markets. The world’s largest cryptocurrency was trading flat at $90,001.7 by 01:19 ET, lagging far behind the strong rally seen in equities, particularly technology …

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