Market Comment | Oil prices determined risk assets’ performance once again

Summary

Mixed data in the US. The US Markit services PMI preliminary data declined in January more than expected (by 0.3 points to 53.7; consensus: 54.0). Meanwhile, the Richmond Fed manufacturing index dropped in line with expectations (by 4 points to 2). On another front, the consumer confidence index rose more than estimated (by 1.8 points […]

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