Market Comment | Cautious mood prevails in markets
Published on Wednesday, August 31, 2016
Market Comment | Cautious mood prevails in markets
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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BBVA Research
BBVA Research
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