Oil Rally Falters After Hitting $109

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July 23 (Bloomberg) -- Su Keenan reports on the latest markets news on Bloomberg Television's "Bottom Line." (Source: Bloomberg)

I am also going to want to ask you to ask me why putting iran not it has a whole new meaning.

First, the oil rally, has run out of gas?

Orange juice futures tumbled the most in four weeks.

Check out the chart, futures hitting 109 on friday.

It faltered since then.

The market is now concerned about the fed's next move.

Investors are selling the lock in profits.

Gold fell from a one-month high as india's largest buyer added new restrictions on imports.

One strategist called it a further blow to demand.

Investors are wary.

I'm not surprised given all the assets.

There is a lot of technical damage.

We are not really chasing any of those items for sure.

Not chasing any names.

He did not stay -- say anything about edf.

That brings us to the ring.

What is the story there?

Part of a group of gold mining stocks and edf hitting a rebound.

The best one-day gain in more than one year.

Shares gained more than 9% in the past two days alone.

The big gold miners make up about 28% of the fund.

Both of those stocks are seeing close to double-digit games after -- gains after taking a tumble.

A quick look ahead, analysts expect supplies to fall to a six-month low.

This text has been automatically generated. It may not be 100% accurate.


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