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Published on Wednesday, December 23, 2015 | Updated on Wednesday, December 23, 2015

Market Comment | Rising oil price drove a rebound in financial assets

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Summary

Mostly good data in the US. US personal spending rose in November in line with expectations (by 0.3% MoM), while personal income increased more than estimated (by 0.3% MoM; consensus: 0.2%). On another front, while durable goods orders surprised by not falling (0%, consensus: -0.6% MoM), orders ex-transportation did fall slightly (by -0.1% MoM; consensus: […]