Market Comment | Economic data help risk assets to recover some ground ahead of FOMC
Published on Tuesday, June 13, 2017
Market Comment | Economic data help risk assets to recover some ground ahead of FOMC
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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