Market Comment | Central banks and oil prices as main drivers last week

Worse-than-expected payrolls in the US but with increasing wages. US non-farm payrolls in January increased below estimates (by 151K; consensus: 190K; previous month: 262K), but the manufacturing payrolls rose against estimates of decreasing (by 29K; consensus: -2K; previous: 13K), helping the unemployment rate to fall slightly unexpectedly (at 4.9%; consensus: 5.0%). In addition, despite the […]

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