Market Comment | Financial markets surged, helped by oil prices rebounding ahead of FOMC

Summary

Positive data in the US. US CPI increased in November more than estimated (by 0.5% YoY; consensus: 0.4%), while in monthly terms it remained stable in line with expectations. On another front, the Empire manufacturing index rose more than expected (by 6.15 points to -4.59; consensus: -7.00). ZEW expectations improve in Europe. Germany’s ZEW expectations […]

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