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Published on Tuesday, April 26, 2016

Market Comment | Oil price rebound not enough to trigger optimism in financial markets

Disappointing data in the US. In the US preliminary data on durable goods orders showed a smaller increase than the consensus forecast in March (by 0.8% MoM; consensus: 1.9%), while ex transportation dropped unexpectedly (by -0.2% MoM; consensus: 0.5%). At the same time the consumer confidence index fell in April by more than expected (by […]