Market Comment | High volatility in financial markets driven by swings in commodity prices

Mixed data in Europe. Eurozone industrial production dropped in November more than estimated (by -0.7% MoM; BBVAe: -0.2%; consensus: -0.3%) staying slightly beyond the 3Q15 average. Meanwhile, French CPI rose more than expected in December (by 0.2% YoY; consensus: 0.1%; previous: 0.0%), Positive macroeconomic data in China. China exports declined less than expected in December […]

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