Weekly Fundamental Outlook for Energies and Metals – Cushing Stock Build Exacerbated WTI Slump. Gold Reached New Highs

Apart from approving the 110B-euro loan to Greece, the EU and IMF also agreed on a package totaling 750B euro so as to contain sovereign crisis and to arrest the euro’s freefall. To facilitate the rescue, ECB said it would ‘conduct interventions in the euro area public and private debt securities markets to ensure depth and liquidity in those market segments which are dysfunctional’.

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Weekly Fundamental Outlook for Energies and Metals – Cushing Stock Build Exacerbated WTI Slump. Gold Reached New Highs