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23Sep2016 Market Update: US Markets Fall Further On KSA’s No Deal Report, Crude Prices Slip 3 Percent, US Dollar And Gold Steady

Friday, September 23, 2016 11:40
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(Before It's News)

Written by Gary

US markets remain lower (SPY _0.4%) after KSA does not see any deal on output agreement. Crude Prices Fall 3% after did not expect a decision at Algiers next week. Traders and investors were also awaiting a U.S. oil rig count report (+2) to ascertain if more drillers were returning to the well pad. Indicators fractionally bearish.

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