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Oil Drops as Dollar Gains With China Shares; Europe Stocks Slide - Bloomberg
Bloomberg | Oil Drops as Dollar Gains With China Shares; Europe Stocks Slide Bloomberg “A lot of the movement in oil recently has been dollar-driven,” Jonathan Barratt, the chief investment officer at Ayers Alliance Securities in Sydney. “The oil market needs a stronger economic performance in order to spur demand and absorb all that oil ... Asian stocks slip as oil skids; dollar steady Retreat in oil prices sees Asian stocks slip Oil extends drop as US dollar stabilizes and Chinese shares climb |
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