Brent oil trims gains, trades around 5-DMA

Brent prices trimmed gains to trade around its 5-DMA located at USD 31.49 levels as technical correction ran out of steam on concerns of oversupply and risk-off in the markets.
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Germany Gross Domestic Product w.d.a (YoY) below expectations (2.3%) in 4Q: Actual (1.3%)

Germany Gross Domestic Product w.d.a (YoY) below expectations (2.3%) in 4Q: Actual (1.3%)
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