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    Commodities Corner: Global risk appetite is back

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    Commodities Corner: Global risk appetite is back

    Crude oil prices have seen some buying back after a biggest decline of 2018 on Monday. It did gain nearly a percentage point Tuesday and holding firm right now.
    US dollar strengthened against the safe havens such as the Japanese yen and the Swiss franc. The risk appetite has come back, global equity markets are trading firm and that has been supportive not just for the crude oil prices but for industrial metals as well.
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