Commodities Sold As Risk Appetite Unravels, US Data May Cap Losses
Posted on May 11, 2012 at 04:58 AM EDT
Talking Points Crude Oil, Copper Sold on Risk Aversion, US Data May Prove Supportive Gold and Silver Down as US Dollar Extends Gains on Haven Demand Commodity prices are trading broadly lower in European hours as risk appetite continues to unravel, with growth-sensitive crude oil and copper prices following stocks lower while safe-haven flow buoy [...]

Talking Points

Crude Oil, Copper Sold on Risk Aversion, US Data May Prove Supportive
Gold and Silver Down as US Dollar Extends Gains on Haven Demand

Commodity prices are trading broadly lower in European hours as risk appetite continues to unravel, with growth-sensitive crude oil and copper prices following stocks lower while safe-haven flow buoy the US Dollar, applying de-facto downward pressure on gold and silver. As we suspected earlier in the week, the latest bout of negativity appears … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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