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  #11  
Old 29th June 2017
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Default Crude Rose For a Fifth Straight Day as U.S. Inventories Drop - - 29 June, ACY Team

Crude rebounded for a fifth straight day and recovered all losses from last week. It surged on Wednesday 2.76 percent or $1.23 per barrel, to end at $44.694 as concern over a supply glut eases.
Oil slumped into a bear market last week on concerns that physical oversupply and increases in U.S. inventories would undermine a deal of output cuts from the OPEC (Organization of Petroleum Exporting Countries). A data from the Energy Information Administration showed that U.S. crude inventories remain more than 100 million barrels above the five-year seasonal average, which drove oil prices down..……….

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Old 30th June 2017
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Default Yen Jumps to Session High as BOJ Kept Current Easing Framework - 30 June, ACY Team

The yen bounces back strongly for a third straight day to partly erase the weekly loss against the U.S. dollar. The intraday price of USD.JPY slumps 0.35 percent or 0.387 points to ¥111.785 yen as of 12:20 p.m. in Sydney largely for the reason that the U.S. dollar suffers a massive drop in these days.
The dollar remains its defensive steps compared with nine of its G-10 peers as their central banks are considering to start following the Federal Reserve in shifting higher interest rates and then the financial market promptly recalibrates position...……….

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