Market Comment| Energy prices at multi-year lows determined financial markets’ performance

Summary

  Eurozone industrial production rose in October in line with our expectations (by 0.6% MoM; BBVAe: 0.5%, consensus: 0.3%) after the drop in the previous month (-0.3%). On another front, Italian CPI harmonised final data was revised up (by 0.2% YoY; consensus: 0.1%), while core CPI slowed in November (by +0.7% YoY; previous month: +1.0%). […]

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