Market Comment | Equity markets rebounded, led by European indices

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US new home sales surprised positively, increasing in April against estimates of a further fall (to 619K from 531K; consensus: 523K), reaching their highest level since 2008. Meanwhile, the Richmond manufacturing index declined by more than expected, falling into negative territory in May (to -1 points from 14; consensus: 8).   Disappointing ZEW data. The […]

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