Commodities Remain Soft amid Economic Uncertainties

The selloff in commodities eases in Asia Monday but prices are still vulnerable to further decline as concerns over global economic slowdown remains. The front-month contract for WTI crude oil continues trading below 100 after plunging -2.59% while the equivalent Brent crude contract stays below 120 after briefly breaking above it on Friday.

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Commodities Remain Soft amid Economic Uncertainties