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Published on Wednesday, January 20, 2016

Market Comment | Market volatility rebounded again amid a new drop in oil prices

Worse-than-expected CPI data in the US. US CPI decreased in December against estimations of remaining unchanged (by -0.1% MoM), while in annual terms it rose less than expected (by 0.7%YoY; consensus: 0.8%; previous: 0.5%). On another front, housing starts declined in December unexpectedly (to 1,149K from 1,179K; consensus: 1,200K), while building permits dropped less than […]