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Published on Wednesday, August 31, 2016

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Market Comment | Cautious mood prevails in markets

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Summary

The markets remained in calm mood on the last day of August, despite positive economic data from the US, mainly labour market data which support higher expectations of a Fed interest rate hike. US pending homes sales beat the consensus in July, as well as non-farm ADP employment data (177K, consensus 175K, prior 194K). However, […]

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