Market Comment| Awaiting US labour data, the Fed’s hawkish tone continued to drive markets

Summary

Positive labour data in the US. US initial jobless claims rose more than expected in the week ended 31 October (by 16K to 276K; consensus: 262K). Although the jobless claims were higher than for the previous week, the downward trend remained intact. Eurozone retail sales fell slightly in September, but overall showed robust growth in […]

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