Crude Oil Sinks, Gold Finds Support On Sequestration Jitters
Crude oil is down amid broad-based risk aversion while gold finds support on swelling Fed stimulus bets as “sequestration” spending cuts threaten US recovery. Talking Points Crude Oil, Copper Sink as PMIs, “Sequestration” Fears Sink Risk Appetite Gold and Silver Find Support as US Fiscal Drag Jitters Buoy Fed QE Bets Commodity prices are facing [...]
Crude oil is down amid broad-based risk aversion while gold finds support on swelling Fed stimulus bets as “sequestration” spending cuts threaten US recovery.
Talking Points
Crude Oil, Copper Sink as PMIs, “Sequestration” Fears Sink Risk Appetite
Gold and Silver Find Support as US Fiscal Drag Jitters Buoy Fed QE Bets
Commodity prices are facing heavy selling pressure ahead of the opening bell on Wall Street as risk aversion sweeps financial markets in the wake of soft Chinese and UK … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards