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Commodities Pressured on Uncertain Monetary Outlook in Major Economies

In the commodity market, crude oil was dumped again with the front-month WTI crude contract diving to a new 2014-low before ending the day -1.16% lower. The Brent crude contract was down -1.13% with price plunging to the lowest level in April 2013. Gold extended the selloff with 1250 broken. The Comex contract is approaching the next support of 1240.

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Commodities Pressured on Uncertain Monetary Outlook in Major Economies

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