Switzerland Real Retail Sales (YoY) came in at -0.9%, below expectations (-0.6%) in June

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WTI drops 1% on firmer USD, below $ 43

WTI oil on NYMEX keeps the red zone at the start of the new week as concerns over demand for the black gold coupled with broadly stronger greenback continues hamper the sentiment around oil.
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EUR/USD drops to lows near 1.1070

The shared currency snapped its side-trend and drop sharply lower against its US counterpart in the European morning, sending EUR/USD back below 1.11 handle, as the European traders return to their desks still digesting last week’s upbeat US fundamentals, thereby boosting the greenback across the board.
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