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Crude Oil Futures: Extra losses remain on the cards

In light of preliminary data from CME Group for Crude Oil futures markets, open interest rose for the fifth consecutive session on Tuesday, this time nearly 7.8K contracts. On the other hand, volume reversed three builds in a row and shrunk by nearly 164.4K contracts.

WTI risks further pullbacks

The barrel of WTI closed in sub-$50.00 levels on Tuesday against the backdrop of rising open interest, which should be supportive of the continuation of the leg lower. The significant drop in volume, however, warns against a sustainable breach of the $50.00 mark per barrel.

Thailand: Rates at a new low record – ANZ

The Bank of Thailand cut its policy rate by 25 bps to support growth, leaving it at a record low of 1%. ANZ updates its forecast for the Thai economy.
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EM Markets: Stabilisation to revive EM currencies – Nordea

The impact of coronavirus in an important economy for emerging markets like China has strained these countries. Nordea is expecting a recovery for EM
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