Market Comment | Policy meetings and oil volatility determined markets’ performance

Disappointing data in the US. US personal spending rose in March below estimates (by 0.1% MoM; consensus: 0.2%), while personal income increased by more than expected (by 0.4%MoM; consensus: 0.3%). On another front, the Chicago purchasing managers’ index fell in April by more than expected (by 3.2 points to 50.4; consensus: 52.6). In addition, the […]

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