Tuesday, May 27, 2014

Solid US Data Drove Stocks And The US Dollar Higher – More Gains To Come

What a big night on the data front out of the US with a solid raft of data all outperforming expectations. Durable goods (+0.8%), case Shiller house prices (+1.24%), Markit flash services PMI (58.4) and the Conference Board's consumer confidence (83) were all stronger than expected.



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