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Hiring of iron-ore carriers rose 51 pct in September

Posted on 16 October 2013

Commodity markets were relatively well behaved on the first day of the week, as investors continued to track events in Washington D.C. Significantly, the US government is discussing a plan that would end the shutdown and increase the debt ceiling by enough to cover the nation’s borrowing needs at least through mid-February 2014, sources told Reuters.
The agreement would also see the government re-open until January and include a mechanism to force lawmakers into longer-term budget discussions, the Financial Times reported. Oil futures finished the day down by 0.13% at $102.28 on the NYMEX despite those signs of progress………………………………………..Full Article: Source


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