Oil Slips amid Growth Worries

11 July 2011 11 July 2011

SylviaHunt30

Market sentiment was still hurt by disappointing US payrolls data in Asian session today. In China, acceleration in inflation and moderation in growth put the government in a dilemma is devising monetary policies. Stock markets slipped with the MSCI Asian losing -0.8% amid concerns over global economic slowdown.