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U.S. goods trade deficit surged 8.5% to $68.3 billion last month
Author: RaquelI81we
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U.S. goods trade deficit surged 8.5% to $68.3 billion last month
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Surprising US Wage Slump Damped Sentiment
Staying at the lowest levels since 2009, crude oil prices remained under pressure as disappointing US wage growth in December raised concerns over the growth outlook. Losses were limited by the sharp decline in US rig counts over the past week. Baker Hughes reported that the number of oil rigs slumped to 1 421 units in the week ended January 9.
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Surprising US Wage Slump Damped Sentiment