Weekly comment MM Prime TFI - August 29, 2016
In the past week, not macro data but a symposium in Jackson Hole was the most important event of the week, or even whole month. The culminating point was the occurrence of Fed boss J. Yellen, which caused high volatility and strong fall on EURUSD. In the case of stock markets, a high response was not observed. Europe's most important stock exchanges on Friday ended the session in positive territory, whereby Wall Street noted only a mild decline.