Oscillating around 77, WTI crude oil continues to trade at the highest level in 2 weeks as driven by strong stock markets. Recent focus has been shifted from economic data and sovereign crisis in the Eurozone to corporate earnings results and investors tend to exaggerate positive news and downplay negative news. Gold and silver change little after yesterday’s rally while PGMs were a tad lower.
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Eco Data Mixed, Yet Investors Tend to Exaggerate positive News
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