Market Comment | Encouraging economic data spur equities and weigh on bond markets

Equity markets have started 2017 in an upbeat mood, underpinned by encouraging inflation data and manufacturing activity indices. Moreover, inflation expectations increased. Furthermore, European banking sector outperformed today. On the other hand sovereign bonds registered a sell-off, boosting yields, after Germany’s inflation surged in December to its highest since July 2013 (see). Inflation expectations also […]

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