Positive US Data

tony nguyen

Across the Atlantic, yesterday’s strong jobless claims and regional manufacturing data in the US have further strengthened market perception that the economy is gaining momentum. All eyes are focused on consumer sentiment and industrial production data in the US, which are likely to reaffirm the recovery in the economy. The only major headline in Europe was IMF’s approval of the loan for Greece.

At home, Brent Broadbent, the BoE policymaker, has signalled that the BoE may change its current loose monetary policy stance, raising interest in BoE’s policy meeting minutes slated for release next week.

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Positive US Data

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