Market Comment | Risky assets’ punishment halted despite ongoing background risks
Published on Thursday, July 7, 2016
Market Comment | Risky assets’ punishment halted despite ongoing background risks
Summary
Encouraging signs in US employment data. According to the June ADP National Employment Report private sector employment increased by 172,000 jobs from May to June (consensus: 160K). Moreover US initial jobless claims dropped unexpectedly in the week ended 2 July (254K; consensus: 270K, previous: 270K) while continuing jobless claims rose in the week ended 25 […]
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BBVA Research
BBVA Research
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