Market Comment | Last week’s relief rally halted ahead of the next week relevant events

Summary

Mixed data in the US. US industrial production dropped in September in line with estimates (by -0.2% MoM, August -0.1% MoM and July +0.8% MoM), mining output continued to decline, dragged by the fall in commodity prices, while manufacturing fell (-0.1%) and capacity utilisation rose more than expected (by 77.5%; consensus: 77.3%). University of Michigan […]

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