Markets retreat as traders take profits, eye commodities' spike

Markets retreat as traders take profits, eye commodities' spike

Energy Daily

Published

Hong Kong (AFP) May 21, 2024

Markets in Asia and Europe suffered a downturn Tuesday after racking up a series of gains as profit-takers stepped in, while traders were also spooked by a surge in commodity prices. Eyes are also on the release of minutes from the Federal Reserve's May policy decision, hoping for some idea about officials' thinking as they considered three straight forecast-beating reads on inflation. T

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