Market Comment | Oil prices supported equity gains, amid decreasing yields

Summary

Eurozone GDP 1Q16 was revised up unexpectedly (at 0.6%QoQ; consensus: 0.5%) helped by contributions from consumption -supported by a weak euro and oil prices- and investment. On another front, German industrial production increased in April by more than expected (by 0.8%; consensus: 0.7%). Worse than expected foreign reserves in China. China’s foreign reserves dropped in […]

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