{"id":12342,"date":"2010-10-18T13:21:59","date_gmt":"2010-10-18T11:21:59","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/12342\/near-term-downsides-for-commodities-remain\/"},"modified":"2010-10-18T13:21:59","modified_gmt":"2010-10-18T11:21:59","slug":"near-term-downsides-for-commodities-remain","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/12342\/near-term-downsides-for-commodities-remain\/","title":{"rendered":"Near-Term Downsides for Commodities Remain"},"content":{"rendered":"

Crude oil price recovered to 81.1 as European bourses pared losses after opening lower. However, upside in commodities should be limited as the dollar rebounds in the near-term. ECB President Trichet’s refusal to exit stimulus measures weighed on the euro while expectations that the BOC will leave the overnight rate unchanged at 1% exerted pressure on the loonie. Gold moved above 1360 after slipping to 1353.2 earlier in the day. This has lead others in precious metal complex higher.<\/p>\n

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Read more here:
\nNear-Term Downsides for Commodities Remain<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Crude oil price recovered to 81.1 as European bourses pared losses after opening lower. However, upside in commodities should be limited as the dollar rebounds in the near-term. ECB President Trichet’s refusal to exit stimulus measures weighed on the euro while expectations that the BOC will leave the overnight rate unchanged at 1% exerted pressure on the loonie. Gold moved above 1360 after slipping to 1353.2 earlier in the day. This has lead others in precious metal complex higher. <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12342","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\/12342","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=12342"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/12342\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=12342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=12342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=12342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}