WTI bounces off $ 51.50, but downside risks persist ahead of EIA data

WTI (futures on Nymex) extended losses in the European session and breached the 52 support area to print fresh four-day trough just below the 51.50 le
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China: 2019 CPI inflation forecast raised to 2.5% - Standard Chartered

Analysts at Standard Chartered point out that China’s headline CPI inflation rose to 2.7% y/y in May (versus 1.9% at end-2018), averaging 2.1% in Janu
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