"The purchasing managers' index (PMI) data contracting adds to the post-China congress party blues for oil markets. It is not difficult to draw a straight line from weaker PMIs to China's COVID-zero policy," said Stephen Innes, managing partner of SPI Asset Management.
from Commodities-Markets-Economic Times
Read The Rest:economictimes...
Post Top Ad
Monday 31 October 2022
Oil declines over $1 on China COVID curbs, weak factory activity data
Tags
# commodities
Share This
About ajit
commodities
Tags:
commodities
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment