Weekly Fundamentals - Sentiment Improved as European Debt Crisis Contained in the Near-Term

Market sentiment waxed and waned last week as driven by news on debt problems in both the Eurozone and the US. Commodities moved choppily upward last week with gold breaking above 1600 for the first time on record, signaling robust demand for safe-haven investment during times of high uncertainty. Oil prices climbed higher erratically with optimism in EU's deal and IEA's decision offsetting demand concerns.

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Weekly Fundamentals - Sentiment Improved as European Debt Crisis Contained in the Near-Term