Risk Appetite Returns amid Clearer Outlook in Italy and Greece
SylviaHunt30Financial markets rebounded as there was more clarity in the Eurozone. Wall Street advanced with DJIA and S&P 500 gaining +0.96% and +0.86% respectively. In the commodity sector, the front-month contract for WTI crude oil soared +2.13% to 97.78 at close while the equivalent Brent crude contract gained +1.25%. Gold retreated as risk appetite returned. The benchmark Comex contract fell to a 5-day low of 1736.6 before settling at 1759.6, down -1.79%.
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Risk Appetite Returns amid Clearer Outlook in Italy and Greece
