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Oil prices fell on Monday, with U.S. crude breaking below $100 a barrel for the first time since early July, as U.S. inventories rose.
Seasonal refinery maintenance has cut U.S. crude oil demand, widening the premium of Brent crude to U.S. oil futures to around $9.70 a barrel. Data from the U.S. Energy Information Administration...
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Daily Market Review for October 21st 2013
Major Economic Data to keep an eye on:
Make sure to keep track of economic news related to your open positions.
By the time you read this morning review, there were some economic news coming out of Japan. The Trade Balance and the Adjusted Trade Balance came lower than expected.
HKD – Hong Kong CPI (YoY)...
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Yen Falls After Bigger Than Estimated Trade Deficit, Stock Gains
Trade Deficit
In Japan, imports exceeded exports by 932.1 billion yen ($9.5 billion) in September, the finance ministry said in Tokyo today. That was more than the 918.6 billion trade gap expected by economists in a Bloomberg News survey and compared with a revised 962.8 billion deficit in August. The BOJ will continue easing until its 2...Wheat prices rise to highest level since June
Wheat prices rose to their highest level in four months Friday as traders reacted to reports of a disappointing harvest outlook from Argentina.
Wheat for December delivery rose 19.75 cents, or 2.9 percent, to $7.0575 a bushel Friday, the highest price since June.
The Argentinian Agricultural Ministry issued a forecast of 8.8 million metric tons of wheat...
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