Weekly Fundamentals - Investors Look Beyond Event Risks...

Investors paid more attention on macroeconomic data after focusing solely on the turmoil in the Middle East and North Africa, and the crisis in Japan over the past few weeks. Upbeat economic data lifted sentiment, resulting in rises equities and commodities. In the US, personal spending rose +0.7% m/m in February, the best result since October, while January's reading was revised up to +0.3%. Personal income climbed +0.3% on monthly basis.

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Weekly Fundamentals - Investors Look Beyond Event Risks...