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Crude Oil Prices Turn North Following Long-Term Fundamentals (CL1:COM)

Crude Oil Prices Turn North Following Long-Term Fundamentals (CL1:COM)
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Davos continues to throw cold water on rate cut expectations

- Falling equities corresponding with rising US dollar, which has been given momentum from Fed Waller hawkish commentary and geopolitical tensions in the Red Sea.

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Germany keeps sick man of Europe label amid weak EU PMIs

EU Mid-Market Update: Germany keeps 'sick man of Europe' label amid weak EU PMIs; JPY (yen) hovers just below 150 level; US 45-day stopgap bill passed

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Key China, UK and Germany data all beat consensus – Focus turns to BOJ and hints of normalization

- German Jan ZEW Survey showed Expectations turning positive for the 1st time since the Ukraine crisis. - UK labor market data showing a picture of a

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UK inflation spike ignites risk aversion but dovish FOMC Minutes soften the blow - Newsquawk US Market Wrap

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

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