Cautiousness Remains ahead of EU Summit

Investors remained cautious in Asian session on Monday ahead of bond auctions of Italy and Spain, as well as the EU summit later in the week. Over the weekend, leaders of Germany, Italy, France and Spain discussed a plan worth of 130B euro to simulate growth. Asian shares slipped amid worries about the situation in the Eurozone. In the commodity sector, the front-month contract for WTI crude oil hovered around 80 while the equivalent Brent crude contract moved narrowly around 91 after the rebound on Friday.. The benchmark Comex contract edged higher to 1570.

Here is the original:
Cautiousness Remains ahead of EU Summit