Weekly Fundamentals - Financial Markets Rallied amid Ease in Sovereign Concerns

Commodities generally moved higher last week amid ease in sovereign concerns in the European periphery and robustness in economic indicators. ECB's extension of liquidity supply and well-received peripheral bond auctions lifted optimism that debt problems will be resolved. Energies and base metals were especially buoyed by positive global PMI data released early in the week.

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Weekly Fundamentals - Financial Markets Rallied amid Ease in Sovereign Concerns