Market Comment | Oil prices and central banks’ expected path drove markets this week

Summary

July US economic data released today missed expectations, as wholesale prices fell by more than expected (-0.3% MoM, consensus 0.2% MoM, prior 0.4% MoM) and core retail sales fell (-0.3% MoM, consensus 0.2%, prior 0.9%), pointing to weaknesses in the US economy and weighing on expectations of a Fed interest rate hike, which fell to […]

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