Market sentiment was dampened as Chinese PMI and Australia’s inflation data disappointed. In the commodity sector, crude oil prices were mixed with the WTI crude weakened further after Tuesday’s selloff amid expectations of a huge increase in US inventory. Brent crude, however, remained steady as Ukraine called for renewed military forces against pro-Russian rebels. Gold recovered moderately after declining over the past 3 days.
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Investors Disappointed by Australian Inflation, Chinese PMI
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