VCSC daily - Markets gain on macro news - May trade deficit revised downward to USD1.4bn cf. an initial estimate of USD1.7bn

Market Commentary

22 Jun 2011

As the market cogitated on Monday’s preliminary inflation figures, more investors adopted the view that things should generally improve from here. Nationwide CPI is expected to come in at less than 1% MoM in June cf. May figure of 2.21% MoM.

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