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Oil rallies on China stimulus, gold higher on weaker dollar

Oil rallies on China stimulus, gold higher on weaker dollar
Oil Crude prices got a boost after China prepared a broad package of stimulus. A surprise cut to the 7-day reverse repo rate sent a message to traders that the world’s second-largest economy is finally going to get significant stimulus that should help with their struggling post-COVID recovery. ​ In addition to China’s stimulus, energy […]... Read More
Posted: Jun 13 2023, 16:15
Author Name: marketpulse
Views: 110217

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