Market Comment | Quiet markets -some closed- at start of event-full week

Better-than-expected macroeconomic data in Europe. Euro zone consumer confidence final data showed an increase in May for the second month in a row, in line with estimates (to -7.0 points from -9.3), underpinned mainly by French confidence. On another front, German CPI harmonised improved in May by more than expected, to 0.0% YoY (previous: -0.3%). […]

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