Oil Trades Near Three-Week Low

Oil traded near the lowest level in three weeks in New York after the European Central Bank cut its forecast for euro area economic growth and U.S. lawmakers struggled to reach agreement on a budget plan.

Pimco's Balls Says U.S. Rate Risk 'Attractive' Vs. World
09:24 - Andrew Balls, chief investment officer of global fixed income at Pimco, discusses the Federal Reserve's ability to begin normalizing interest rates while the rest of the world remains near the zero-bound environment. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
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