Commodities Sold As Euro Crisis Escalation, Asia Slowdown Fears Spread
Talking Points Crude Oil, Copper Follow Stocks Lower as Risk Appetite Evaporates Gold and Silver Pressured as Haven Flows Bolster US Dollar Anew Commodity prices are trading broadly lower, extending a rout that began in Asia amid worries about slowing Asian economic growth and rebuilding Eurozone debt crisis fears. Sentiment-geared crude oil and copper prices [...]
Talking Points
Crude Oil, Copper Follow Stocks Lower as Risk Appetite Evaporates
Gold and Silver Pressured as Haven Flows Bolster US Dollar Anew
Commodity prices are trading broadly lower, extending a rout that began in Asia amid worries about slowing Asian economic growth and rebuilding Eurozone debt crisis fears. Sentiment-geared crude oil and copper prices are following stocks lower while gold and silver are facing de-facto selling pressure as haven flows pour back into the US Dollar.
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