US Data Spurred Slowdown Worries
BonTradeRisk assets were generally lowered yesterday amid worries over economic slowdown. Fed's beige book report and durable goods orders surprised to the downside while ECB's lending survey indicated credit tightening. Both US and European bourses slipped. In the commodity market, crude oil slumped as unexpected surge in inventory put further pressure on prices. Gold extended weakness to a 3-month low before buying interest pushed price higher.
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US Data Spurred Slowdown Worries
