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Energy & precious metals - weekly review and outlook
Muted inflation data and yet a still-vibrant U.S. economy: Could oil bulls ask for more? Yes: A dynamic Chinese recovery as well. A flurry of economic data from China in the coming week is expected to show its post-pandemic bounce is quickly fizzling out, raising expectations that the world’s largest oil importer needs to unveil more stimulus measures soon to shore up activity and shaky consumer confidence. After a strong start to the year following the dismantling of tough COVID-19 measures, recent data have pointed to a sharp loss of economic momentum due to weak demand at home and abroad and a protracted slump ... (full story)