Sentiment Gloomy on Greek PSI, Growth Outlook
SylviaHunt30Market sentiment was in a risk-off mode yesterday as driven by China’s new growth projection, ongoing geopolitical tensions in the Middle East and concerns about the PSI program in Greece. Crude oil prices traded in a narrow range with the prompt-month WTI contract moving within 105.5 and 107.5 and settling largely flat. Gold price remained pressured with the benchmark Comex contract breaching below 1700 slight before ending the day 1703.9.
