Market Comment | Economic data help risk assets to recover some ground ahead of FOMC

Summary

Risk assets partially recovered recent losses, helped by positive economic and inflation data. Nonetheless, markets continue trading in a cautious fashion ahead of tomorrow’s FOMC meeting, showing only a moderate recovery in risk assets. German confidence data (ZEW) (see) drove European equity indices slightly upwards, led mostly by the cyclical sector.  In the US, stocks […]

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