Commodities extend weakness in European session amid growth concerns. We have a light calendar today and data released were largely better-than-expected. However, investors are unnerved and worried that growth cannot sustain. Crude oil remains soft after the yesterday’s selloff while gold pulls back on profit-taking as the yellow metal soared to a 2-week high yesterday.
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Dire Sentiment Continues to Pressure Commodities, NDRC’s Treatment on Fuel Prices Unveiled Inflationary Concerns
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