Market Sentiment Weighed Down by Renewd Concerns over Greece
BonTradeMarket sentiment driven by the upbeat US employment report proved to be short-lived as concerns over debt problems in Greece emerged. The euro slipped in Asian session as an agreement between the debt-ridden European periphery and the EU/IMF/ECB troika on the second package worth of 130B euro has not been reached although Greece is required to settle its bond repayment worth of 14.5B euro by March 20. Gold fell last Friday as the US dollar strengthened. The benchmark contract remained under pressure and continued to trade below Friday's close of 1740.3. Oil prices moved without direction.
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Market Sentiment Weighed Down by Renewd Concerns over Greece
