Strong Manufacturing Indices Boost Crude Oil to 17-Month High. PGMs Rally to Highest Levels since 2008

Crude oil rallies to a 17-month high of 84.7 in NY session as economic data show that the world economy is recovering. The front-month WTI contract extends gains on the first day of the second quarter after surging +5.5% in 1Q10.

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Strong Manufacturing Indices Boost Crude Oil to 17-Month High. PGMs Rally to Highest Levels since 2008