Market Comment | China’s woes rattle global financial markets

Very positive payroll data in the US. December’s non-farm payrolls surged against estimates of decreasing (by 40K to 292K; consensus: 200K), with manufacturing payrolls also increasing unexpectedly (to 8K from 2K; consensus: -2K). In addition, the unemployment rate remained unchanged in line with estimates (at 5.0%). Disappointed industrial production in Europe. Germany’s industrial production dropped […]

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