Investors Stay Cautious ahead of FOMC, Brexit Referendum

Investors remain cautious on Tuesday although losses appeared to have tamed in European and US sessions. Crude oil prices fell for a third consecutive day on the broad-based risk aversion as Chinese data disappointed and Brexit referendum approaches. OPEC in its latest monthly report left the global oil demand outlook unchanged and reiterated that oil market would reach balance by the end of this year.

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Investors Stay Cautious ahead of FOMC, Brexit Referendum