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  • 37m
    John Shaw John  Shaw
    Going to break even lower from here.
    John Shaw John  Shaw
    That's what my tea leaves say. Welcome to the Casino though.
    Michael O'Neill Michael O'Neill
    Hi John: You could be right. However, where did the oil glut go? Did Bounty super absorbent paper towels get dropped into the storage tanks?...
  • Editor’s Picks / 5 hours ago

    IMF downgrades global economic outlook again

    Dow Jones
    A slowdown in emerging markets is pushing the world economy into its weakest expansion since the financial crisis, the International Monetary Fund said Tuesday as it once again downgraded its outlook for global growth, Ian Talley reports. "Six years after the world economy emerged from its broadest and deepest postwar recession, a return to robust and synchronised global expansion remains elusive," Maurice Obstfeld, the IMF's new chief economist, said in the foreword to the fund's latest World Economic Outlook. Besides a broad-based downgrade in growth around the world, "downside risks to the world economy appear more pronounced than they did just a few months ago," he said.
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  • Article / 9 hours ago

    Daily Shot: Malaise seeps into services sector Team / Saxo Bank
    Daily Shot: Malaise seeps into services sector
    The slump in manufacturing is now beginning to seep into the services sector with a raft of PMIs from around the world undershooting consensus expectations. Disorder remains the theme in the energy sector with Russian patience with Opec's strategy running out, diesel prices slumping on oversupply and natural gas being hit by unseasonably warm weather.
    Read the article
  • Editor’s Picks / 10 hours ago

    US must admit its Middle East mistakes

    Global Economic Analysis
    Mish Shedlock is not one to mince his words and a disagreement with one of his readers on the US stance over Syria sees him in fine, swashbuckling form. Until the US comes clean about its responsibility for "the huge mess in the MidEast", says Shedlock, there can be no solution neither to the horrors in the likes of Syria, nor the subsequent commodities ripples and migration crises that shake global financial markets. "The US has one hell of a lot to apologise for," he says, and a come-clean strategy that accepts the help of Iran and Russia in solving the mess would be a good starting point.
    Read article on Global Economic Analysis
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