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Sentiment Deteriorated Further due to Disappointing Economic Data

Market sentiment soured amid renewed worries over sovereign debt crisis in the Eurozone, stubbornly-high inflation in the UK and weaker-than-expected growth in China. Shares in Asia weakened while European bourses opened lower. Commodities fell across the board with oil, gold and base metals sliding on deterioration in market sentiment.

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Sentiment Deteriorated Further due to Disappointing Economic Data

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