» » Inflationary Pressure due to Higher Oil Prices Weighed on Equities

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OPEC's deal to cut output continues to drive oil prices higher, sending both crude oil benchmarks above US$50/bbl. Energy shares also strengthened, but the broader stock indices were mixed. US dollar remained firmed and Treasury yields climbed further higher.


from Oil N' Gold Focus http://www.oilngold.com/ong-focus/insights/inflationary-pressure-due-to-higher-oil-prices-weighed-on-equities-2016120233919/
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