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The worries about global economic slowdown drove the oil prices down again

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 6, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The Chinese reaction to last Monday Equities selloff could dominate the markets which are waiting for more stimulating measurements to be taken by PBOC. While Dec Caixin China Services PMI came today to underscore the economic slowdown in China by falling to 50.2 which is the weakest pace of expansion since July 2014, after 51.2 in November. The Chinese Yuan has suffered also by the odds of watching economic slowdown in China and the Japanese yen could gain benefits from this suffering to

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