Commodity prices declined as US and European macroeconomic data disappointed the market. Employment data in both sides of the Atlantic came in weaker than expected. The front-month contract for WTI crude oil price fell to 105.22, down -0.89% while the equivalent Brent crude contract slumped to a 5-day low of 117.64 before settling at 118.2, down -1.22%. Gold dropped for a second consecutive day to 1654.0, down -0.51%.
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Disappointing US and EZ Data Sent Commodities Lower
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