Crude Oil, Gold May Rise On Profit-Taking After Sharp Selloff
Posted on June 22, 2012 at 05:00 AM EDT
Talking Points Crude Oil, Copper Aim to Correct Higher as Profit-Taking Boosts Risky Assets Gold and Silver Have Scope to Bounce on Ebbing Haven Inflows into US Dollar Commodities are on the upswing on European trade as profit-taking gently lifts risk assets following yesterday’s aggressive selloff, overshadowing headwinds from a disappointing German IFO reading. Prices [...]

Talking Points

Crude Oil, Copper Aim to Correct Higher as Profit-Taking Boosts Risky Assets
Gold and Silver Have Scope to Bounce on Ebbing Haven Inflows into US Dollar

Commodities are on the upswing on European trade as profit-taking gently lifts risk assets following yesterday’s aggressive selloff, overshadowing headwinds from a disappointing German IFO reading. Prices slumped over the preceding 24 hours as global economic growth fears swelled following signs of deepening weakness in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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