Market Comment | Oil price volatility is driving equity markets

  Negative macroeconomic data in the US. US existing home sales decreased by more than estimated in February (to USD5.08M from USD5.47M; consensus: USD5.31M). Meanwhile, the Chicago Fed national activity index dropped sharply in February and fell into negative territory (to -0.29 points from 0.41; consensus: 0.25). EZ Consumer confidence  fell 0.9 point to -9.7 […]

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