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Published on Wednesday, July 20, 2016 | Updated on Wednesday, July 20, 2016

Market Comment | Risk-off sentiment fades with encouraging company earnings

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Summary

Financial markets recovered the risk-on mood of last week, with major risk asset prices showing healthy gains across the board, while safe-haven assets were less in demand: gold (-0.9%), US 10Y yield (+4 bps), dragged down by today’s better-than-expected reported earnings for companies. The major indices all rose. Positive earnings reports from US companies today […]