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HIGHLIGHTS OF THE WEEK – Feb 8 United States • It was another tough week in financial markets. While the U.S. economy created 151k jobs in January and the unemployment rate fell to 4.9% (from 5.0%), the economic data did little to alleviate fears over the U.S. economy’s susceptibility to weak global growth and the …
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HIGHLIGHTS OF THE WEEK – Feb 3 United States • The Federal Open Market Committee (FOMC) stood on the sidelines this week, raising concern over economic and financial developments globally. The tone of the statement was more dovish than expected, reducing the odds of a March hike. • U.S. economic growth slowed in Q4, with …
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HIGHLIGHTS OF THE WEEK – Jan 25 United States • It was yet another rollercoaster week for global financial markets. Dour mood prevailed in the first half of the week, as equities sold off, WTI plunged below $27/barrel and key volatility gauges rose sharply. • Despite the deteriorating inflation expectations and downside risks to growth, …
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HIGHLIGHTS OF THE WEEK – Jan 21 United States • The carnage in equity markets continued this week. News that sanctions on Iran could be lifted as early as this weekend sent prices for both WTI and Brent to new 12 year lows below $30 a barrel. • U.S. retail sales data for December disappointed …
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