Market Comment | Some signs of rebound amidst ongoing uncertainty.

Summary

  Positive macro news in the US. Durable goods orders unexpectedly surged in July (by 2.0%; consensus: -0.4%) while durables and capital goods orders also surprised positively: capital goods ex transportation rising by 0.6% (consensus: 0.3%) and capital goods orders (non-defence ex air) rising by 2.2% (consensus: 0.3%). Peter Praet highlighted the risk of low […]

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