Investors’ focus was turned to positive dataflow in the US from sovereign crisis in the Eurozone these 2 days and this boosted commodities and equities. Strong durable goods orders and new home sales reignited growth hopes for the world’s largest economy. WTI crude oil price surged +4.01%, the biggest one-day rally since September 2009, after plunging more than -20% over the past 3 weeks.
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Commodities Firm on Strong US Data
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