Market Comment | Weak economic indicators drove financial markets
Published on Monday, August 1, 2016
Market Comment | Weak economic indicators drove financial markets
Summary
Markets reacted to increasing doubts about the global outlook and the result of EBA stress tests. Friday’s disappointing 2Q US growth figures, coupled with the mixed data from China’s PMI (see) and poor European manufacturing PMI data (especially UK) contributed to trigger some volatility in financial markets due to increasing uncertainty about the global economic […]
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BBVA Research
BBVA Research
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