» » Crude Slumped as US Sells Strategic Reserve for Funds

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Investors turned cautious after receiving a series of disappointing US macroeconomic data and earnings results. The soft sentiment was only mildly offset by the confirmation that the US Congress will vote today on a debt ceiling deal that would extend the Treasury's borrowing authority through to March 2017. Wall Street weakened with DJIA and S&P 500 indices losing -0.24% and -0.26% respectively.


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