Market Comment | Markets end August in a relatively calm mood

Summary

Markets remained in a relatively calm mood, with slightly higher perceived risk taking in today’s session. Volatility (VSTOXX -4%) and safe-haven assets declined (gold -0.5%). In Europe, data were weak, as economic and business confidence in the euro zone declined in August (103.5, consensus 104.1, prior 104.5), no doubt affected by concerns about Italian banks […]

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