Equities climbed higher as US ADP employment data and core inflation in the Eurozone came in better than expected. Wall Street gained with the DJIA and the S&P 500 indices soaring +1.23% and +1.16% respectively. Major European indices also rose with the FTSE, CAC 40 and DAX adding +0.84%, +0.72% and +0.51% respectively. Concerns over Greece’s breakaway from the Eurozone remained, sending the Greek 10-year spreads +77 bps wider.
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Equities Soared as US Employment Increased more than Expected
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