Equities Slumped as Led by too-Big-to-Fail Deutsche Bank

Energy prices rebounded with both crude oil benchmarks gaining more than +3%. The International Energy Agency forum has begun in Algeria and major oil producers would meet on the sidelines of the forum. We expect the rally to be short-lived as no material deal on output freeze should be reached. Indeed, oil producers have not stopped from increasing output.

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Equities Slumped as Led by too-Big-to-Fail Deutsche Bank