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US Durable Goods Accelerate Their Decline

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jan 29, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Oil prices broke to new highs whilst US get hit with yet more weak data, seeing durable goods contracts at its fastest rate in two years. Crude Oil bounced higher on talks of a production cut. US durable goods orders declined 5.1% with the core reading at -1.2%, its fastest[​IMG]

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