Market Comment | Economic data help risk assets to recover some ground ahead of FOMC

Risk assets partially recovered recent losses, helped by positive economic and inflation data. Nonetheless, markets continue trading in a cautious fashion ahead of tomorrow’s FOMC meeting, showing only a moderate recovery in risk assets. German confidence data (ZEW) (see) drove European equity indices slightly upwards, led mostly by the cyclical sector.  In the US, stocks […]

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