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updated 10/6/2010 1:46:41 AM ET 2010-10-06T05:46:41

FRAGILE CONFIDENCE: Retail sales in the 16 euro-using countries fell 0.4 percent in August from July, an unexpected drop that showed the weakness of consumer confidence.

UNEXPECTED DIP: Market expectations were for a 0.2 percent increase. August's decline was the first since April, according to the European Union's statistics office, Eurostat.

JOBLESS RATE HIGH: Weakness in consumer confidence could persist, given that the eurozone unemployment rate remains above 10 percent and governments are preparing and enacting tough austerity measures to get public finances in shape.

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