Market Comment | Financial markets continued to recover slightly from last week’s losses

Positive data in the US. Wholesale inventories rose in March in line with expectations (by 0.1% MoM). Meanwhile, NFIB’s index of small business optimism rose in April above estimates (by 1.0 points to 93.6; consensus: 93.0). In addition, Atlanta Fed today revised 2Q GDP upwards (to 2.2% QoQ from 1.7%). Negative industrial production data in Europe. […]

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