Market Comment | Calm in markets ahead of FOMC, while oil price volatility remains

Summary

Euro zone M3 money supply rose in March in line with estimates (by 5.0% YoY; previous 4.9%). Loans to non-financial corporates increased (by 0.8% YoY in March, 0.7% YoY in February) while loans to households kept growing at 2.2% YoY. On another front, German Gfk consumer confidence increased in May unexpectedly (by 0.3 points to […]

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