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Oil, Equities drop as Iran and Saudi's disagree on production freeze

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 19, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Financials: June Bonds are currently 2 higher at 166’06, 10 Yr. Notes 2 higher at 130’23, 5 Yr. Notes 1 higher at 121’09 and June 2017 Eurodollars steady at 99.085. Initial reaction to the disarray at the Doha (Qatar) conference of which several invitees did not show (Iran) and which resulted in inaction pertaining to a freeze on oil production was a flight to safety in treasuries and a drop in equities. The markets have seen a bit of recovery over night as equity losses and treasury gains

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