Sentiment Damped Modestly amid Uncertainties in Slovakian Vote and Greek Funding
BonTradeThe focus was on the Eurozone again with both Slovakian ratification on EFSF and 6th tranche of funding for Greece delayed. Financial markets were pressured initially because of the news but then improved as investors were confident that both will issues will be resolved. In the commodity sector, the front-month contract for WTI crude oil fluctuated between 83.97 and 86.64, before ending the day at 85.81, up +0.47%, while the equivalent Brent crude contract plunged to as low as 107.45 in European session before rebounding to 111.24 and settling at 110.73, up +1.63%.
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Sentiment Damped Modestly amid Uncertainties in Slovakian Vote and Greek Funding
