{"id":12203,"date":"2010-09-30T13:41:37","date_gmt":"2010-09-30T11:41:37","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/12203\/commodities-boosted-as-euro-rallied-despite-bailout-and-downgrade-news\/"},"modified":"2010-09-30T13:41:37","modified_gmt":"2010-09-30T11:41:37","slug":"commodities-boosted-as-euro-rallied-despite-bailout-and-downgrade-news","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/12203\/commodities-boosted-as-euro-rallied-despite-bailout-and-downgrade-news\/","title":{"rendered":"Commodities Boosted as Euro Rallied Despite Bailout and Downgrade News"},"content":{"rendered":"

Banking crisis in peripheral European countries has been under the spotlight and the latest update is that Moody's downgraded Span's credit rating by one notch while Ireland's government has prepared to bail out Allied Irish Bank and pump more capitals to Anglo Irish Bank. The euro plunged initially but recouped the losses shortly and extended the rally to 1.366 against the dollar. Yield spread between peripheral bonds and German buunds unexpectedly narrowed. Commodities remained firm with WTI crude oil surging to as high as 78.48 while gold making a new high at 1316.2.<\/p>\n

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Read more from the original source:
\nCommodities Boosted as Euro Rallied Despite Bailout and Downgrade News<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Banking crisis in peripheral European countries has been under the spotlight and the latest update is that Moody's downgraded Span's credit rating by one notch while Ireland's government has prepared to bail out Allied Irish Bank and pump more capitals to Anglo Irish Bank. The euro plunged initially but recouped the losses shortly and extended the rally to 1.366 against the dollar. Yield spread between peripheral bonds and German buunds unexpectedly narrowed. Commodities remained firm with WTI crude oil surging to as high as 78.48 while gold making a new high at 1316.2. <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lightning_design_setting":[],"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12203","post","type-post","status-publish","format-standard","hentry","category-welcome-start-here-tradecrudeoilchatroom"],"_links":{"self":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/12203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=12203"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/12203\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=12203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=12203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=12203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}