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Published on Friday, December 2, 2016

Market Comment | OPEC deal moved the markets this week

The financial markets’ performance during the week was driven by oil prices. The upsurge in oil prices caused an increase in inflationary expectations, pushing up sovereign yields. In FX markets the USD slid back after its sharp increase in the previous week. The EUR and GBP appreciated, while EM currencies of oil importing countries also […]