Commodities Slip as More Chinese Data Showing Slowdown in Domestic Growth

Currently trading at 75.7, the front-month WTI contract slides for the first time in 4 days on profit-taking. As we mentioned in the morning report, support from stronger-than-expected crude oil imports should be short-lived. Longer-term outlook should show that growth in domestic demand has been slowing down.

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Commodities Slip as More Chinese Data Showing Slowdown in Domestic Growth