Published on Monday, February 22, 2016

Market Comment | Oil prices are the main support as markets rebound

Summary

Mixed data in the US. According to preliminary data, February’s US manufacturing PMI fell, contrary to estimates of its remaining unchanged (by 1.4 points to 51.0). On another front, the Chicago Fed national activity index surged in January above expectations (to 0.28 points from -0.34; consensus: -0.05) The PMIs suggest that the economy is suffering […]

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BBVA Research BBVA Research

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market-comment_114473.pdf

English - February 22, 2016

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