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Home > Crude Crumbles Back To $45 Handle - Down 6% From China GDP

Crude Crumbles Back To $45 Handle - Down 6% From China GDP

By Tyler Durden
Created 10/20/2015 - 11:05
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Submitted by Tyler Durden [1] on 10/20/2015 11:05 -0500



 

While this morning's dead cat bounce pressed WTI Crude up to almost $47 (Dec contract), it has been an almost non-stop downswing since China reported GDP. This morning's chaos in the T-Bills market appears to have spooked algos out of risk-on positions and broken WTI Crude back to a $45 handle...

 

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Source URL: http://www.zerohedge.com/news/2015-10-20/crude-crumbles-back-45-handle-down-6-china-gdp

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