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Oil Prices Strengthen Despite Dampened Hopes of Demand/Supply Improvement

Shares in Asia mixed on Monday. At the time of writing this article, Japan’s Nikkei 225 Index has dropped -1.38% on yen’s strength. Equities in China gained as PPI deflation moderated. China’s CSI 300 index has added +1.74% while Hong Kong’s Hang Seng Index has climbed +0.51% in the morning session. In the commodity sector, crude oil remains firm following the rally last Friday.

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Oil Prices Strengthen Despite Dampened Hopes of Demand/Supply Improvement

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