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Hedge funds end seven-month winning streak

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Hedge funds around the world saw negative returns in June to end seven months of straight gains amid a broad pull-back in equity markets, with those in Asia ex-Japan the worst hit, data from research firm Eurekahedge show.

Era of soaring commodity prices is over: OPEC

Oil Barrels

The commodity market's "supercycle" of strong growth is waning, OPEC said on Wednesday, and it sees little upside with commodity prices currently in transition mode to slower growth rates.