In the three months before the elections, the index has returned 8% on average. The brokerage has excluded years of fractured mandates — 1989 and 1998 — from its study.
Oil prices edged lower. Global production is expected to rise. Demand growth forecasts are weak. The US dollar strengthened. OPEC lowered its oil demand growth
US consumer price data was in line with expectations on a headline basis, although the annualized three-month core rate picked up. Overall, the numbers were
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