Encourgaing Earnings and Eco Data Boosted Sentiment, Risky Assets Surged
BonTradeCommodities erased losses made in Asian and European sessions and rallied strongly in the NY session as optimism from global financial sectors and strong US retail sales boosted sentiment. WTI crude oil price, halting the 6-day decline, surged +2.68% to settle at 74.07. Gold rebounded after plunging to as low as 1185 as levels below 1200 attract emerging-market buying.
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Encourgaing Earnings and Eco Data Boosted Sentiment, Risky Assets Surged
