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Commodity Rout Deepens. Risk is off

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 8, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Commodity Rout Deepens. Risk is off by Brenda Kelly We can grasp at straws and look for the positive in the Chinese trade balance data but at the moment a small boot in domestic demand is not going to help commodity prices and that is where the focus currently lies. European indices have taken the baton from their Asian counterparts and all trade lower as oil, copper and iron ore continue to weaken exacerbated by the stronger greenback. In Japan, the growth in the 3Q beat market expectations;

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