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IMF warns of ‘dangerous’ results from Trump’s pressure on Fed - Bloomberg

Bloomberg reports the latest comments from the International Monetary Fund’s (IMF) Director of the Monetary and Capital-Markets Department, as he warns that it’s a bad idea to undermine the central bank independence.

Key Headlines:

The Fed is set up as a very independent institution.

'Dangerous' consequences if Trump's calls lead to monetary policy mistakes.

IMF is in support of Fed's current policy stance.

Investors should take recent yield curve inversion seriously.

WTI: Inventory build, soft China data question buyers around 5-month high

WTI struggles around $64.50 ahead of the European open as buyers are challenged by soft data, inventory build and doubts over global growth.
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EU's Oettinger: Second referendum and snap elections in the UK are also possibilities

The European Commissioner Guenther Oettinger is on the wires now, via Reuters, commenting on the Brexit deadline extension. Key Headlines: Another ext
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