Commodities Move Sideways, Awaiting China's Trade Data
BonTradeCommodities move sideways in Asian session Monday. Oil prices recover slightly after the selloff last Friday as Mubarak stepped down. The front-month WTI contract edged higher but continued hovering around the lowest level in more than 2 months. Brent crude also climbed, hence sustaining the record spread between the 2 benchmarks. Gold remained pressured after the drop on Friday as ease in the crisis in Egypt reduced the demand for safe-demand.
Here is the original:
Commodities Move Sideways, Awaiting China's Trade Data
