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G7 Statement: Energy ministers support principle of using oil reserves

In a statement released on Wednesday, the G7 group of nations said that their energy ministers supported, in principle, the implementation of proactive measures to address the situation, including the use of strategic reserves, per Reuters.

S&P 500: Resilient but choppy on oil and credit news – Deutsche Bank

Deutsche Bank analysts note that US equities remain relatively resilient despite sharp intraday swings. The S&P 500 slipped slightly and closed well off its highs, while futures recovered overnight.
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EUR/USD: Pair steady as markets eye US CPI – Danske Bank

Danske Research Team observes that EUR/USD is little changed below 1.1650, with 2‑year Bund and US Treasury yields slightly lower.
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