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Stock impact report

Oil resumes rally as stockpiles seen lower, China eyes tax cuts [MSN Money]

CME Group Inc. - Class A (CME) 
Last cme group inc. - class a earnings: 4/29 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.cmegroup.com
Company Research Source: MSN Money
Oil Resumes Rally as Stockpiles Seen Lower, China Eyes Tax Cuts (Bloomberg) -- Oil climbed as invtors anticipated another decline in U.S. crude invtori and China promised to slash tax to avert an economic slowdown. Futur in New York rose . perct after sinking during the past two ssions. American stockpil probably fell for the sixth time in sev weeks, according to a Bloomberg survey of analysts before governmt data due Wednday. The U.S. Energy Departmt, meanwhile, forecast continued growth for world oil demand. © Bloomberg Oil rumed its New Year’s advance along with major equity index after China said it would cut tax to counter any slowdown. While pric remain more than 0 perct below October’s four-year high, they’ve rallied in 09 on signs of shrinking suppli and indications the global economy can avoid a worst-case scario. “The Chine are throwing everything they can" at their economy, said John Kilduff, founding partner at hedge fund Again Capital LLC. “That’s the big key to oil marke Show less Read more
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