A Comeback of Risk Appetite Lifted Commodities
BonTradeCrude oil rallied Thursday as US and European equities strengthened following stronger-than-expected economic data and earnings results. Ease in debt concerns in Greece in hopes that a loan package will be approval in coming days also boosted market sentiment. The front-month contract of WTI crude oil price closed at 85.17, up +2.3%. Price remains firm in Asian session today.
