languishing nears its lowest levels in almost a month.
The ECB delivered a 50-bps hike like the Fed. Both opted for a smaller increase this time, but flagged there were The yield on Germany's rate-sensitive two-year bond yield rose to 2.5% , its highest level since 2008. Meanwhile, Japan's manufacturing activity shrank at the fastest pace in more than two years in December, while U.S. retail sales fell more than expected in November.In currency markets, the dollar slipped, giving back some of the previous session's strong gains.
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