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Published on Tuesday, December 18, 2018 | Updated on Wednesday, December 19, 2018

Market Comment | High volatility in markets ahead of tomorrow’s FOMC

Volatility persisted in financial markets and risk-aversion mood also remained. The recent speech by Chinese President Xi in which he did not hint at any new measures to support the country’s economy, added some fears about a global economic slowdown . These fears, along with supply concerns also triggered a sharp correction in oil prices.