![BT Three Minute Markets Update show](https://d3dthqtvwic6y7.cloudfront.net/podcast-covers/000/019/989/small/bt-financial-chris-caton-market-updates.jpg)
Summary: US December retail sales an encouraging +0.5% (consensus +0.2%); November's were also revised up to +0.4% from +0.3%. December PPI -0.2%, consensus -0.1%, due to falling energy prices. January Empire State Manufacturing index consensus flat, actual -7.78%