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Published on Tuesday, November 29, 2016

Market Comment | Financial markets resilient despite slump in oil prices

Financial markets showed lower volatility, with main stock prices showing gains, despite the abrupt slump in oil prices, which dragged down EM currencies. Sovereign bond yields showed no clear trend. The major market-sensitive events were the following: Italian markets outperformed on reports that the ECB may temporarily speed up its Italian bond purchases, in case […]