Market Comment | Oil prices and US economic indicators drove market’s performance

Summary

Positive macroeconomic data in the US. US CPI data surprised positively, increasing by more than expected in April (0.4% MoM; consensus: 0.3%) and registering the highest level since February 2013. Meanwhile, core CPI increased in line with expectations (by 0.2% MoM; previous month: 0.1%). On another front, industrial production rose in April, beating expectations after […]

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