Market Comment | US markets steady while Europe remained closed

Summary

Positive data in the US. US personal income rose in February by more than expected (by +0.2% MoM; consensus: 0.1%), while personal spending increased in line with estimates (by 0.1% MoM). Meanwhile, pending home sales rose, beating expectations (by 3.5% MoM; consensus: 1.2%). On another front, Dallas Fed manufacturing activity improved in March by more […]

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