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Germany Factory Orders s.a. (MoM) came in at -15.6%, below expectations (-10%) in March

Oil Price Update: WTI retreats from monthly resistance line, 50-day SMA to sub-$25 area

WTI Futures for June steps back from the monthly top while declining to $24.60 on NYMEX amid the early Wednesday’s trading. In doing so, the oil bench
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German Factory Orders plummet 15.6% MoM in March vs. -10.0% exp, EUR/USD unfazed

The German Factory Orders slumped in March, suggesting that the manufacturing sector in Europe’s largest economy is heading deeper into contraction. C
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