Crude oil remains high whilst correcting alittle.
Upbeat economic data and Middle Eastern Tension supported markets. There were improved sentiments about the US economy. And further support was added on Tuesday, with data showing US retail sales grew 1.1 percent from January, the sharpest rise in five months, suggesting improvement in consumer spending.
However, there still exist teething problems like the stand-off between Iran and the West over Tehran's nuclear programme.
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