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Supply cuts just can't keep up with banking crisis, recession, and now unleashed dollar "bull."
Saudi Arabia's oil minister implicitly threatened more action from OPEC due to "low" prices and growing short positions betting against supply constraints. Demand is increasingly dire and not just for energy. Deflationary signals are growing in other commodities as well as a whole bunch of economic data, too.
Eurodollar University's Money & Macro Analysis
Telegraph (India): Reserve Bank of India intervenes strongly to stop rupee slide without targeting any level…
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