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Strategies & Market Trends : Dino's Bar & Grill
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To: Goose94 who wrote (66302)8/27/2019 2:23:18 PM
From: Goose94Read Replies (1) of 202374
 
Crude Oil: While financial markets were left confused but hopeful after Trump’s seemingly softer line regarding China, the fact is that tariffs are set to rise next week. Also, China’s currency has weakened further, dropping to its weakest point since prior to the 2008 financial crisis. That will put deeper pressure on emerging market currencies, which could slow oil demand and prompt central banks to take more aggressive action to cut interest rates.
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