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Published on Friday, November 30, 2018

Market Comment | Powell’s speech and FOMC minutes drove financial markets in the week

Events in the US drove financial markets during the week as the comments of Powell and the release of the latest FOMC minutes posed some doubts about the pace of Fed tightening in 2019. The Brexit negotiation process and Italy’s budget were also in the spotlight, while geopolitical tensions in Russia increased ahead of the G-20 meeting.