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02Nov2016 Market Update: Wall Street Braces For More Downside, Crude Prices Slip, Gold Rises Testing 1308 Resistance

Wednesday, November 2, 2016 11:30
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Written by Gary

US markets are down fractionally (SPY -0.6%) after Oil prices fell to the lowest levels of the session and the Fed is expected to hold on rates, which could give a strong signal for December. “The dam is breaking,” Jeff Gundlach tells Reuters, he sees another 5-10% downside for the Spooz.

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