Risk Assets Lost Grounds After Bernanke's Unusually Uncertain' Comments
BonTradeRisky assets suffered yesterday as Fed Chairman Ben Bernanke said the economic outlook is facing unusual uncertainty. Wall Street tumbled, US Treasury firmed and commodities declined. WTI crude oil price reversed gains made earlier in the day and fell to 76.56, down -1.29%, at close. Disappointing stock-builds added worries over oil demand outlook. Gold price fluctuated around 1183/98 but ended the day little change at 1191.8. The benchmark contract weakened below 1190 in Asian session today.
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Risk Assets Lost Grounds After Bernanke's Unusually Uncertain' Comments
