Market Comment | Dovish central banks and rebound in oil prices support financial markets

Summary

Disappointed US GDP. Real GDP growth slowed to a 0.7% QoQ SAAR pace in 4Q15, down from 2.0% in 3Q15. Annual investment in mining declined 35%, marking the worst year since 1986. Despite 1Q16’s shaky start, we maintain our expectations for a solid 2.5% pace in 2016 (see) Mixed data in Europe. Eurozone CPI in […]

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