{"id":12961,"date":"2011-01-05T05:48:40","date_gmt":"2011-01-05T04:48:40","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/12961\/commodities-slump-on-usds-rally-fomc-minutes-said-better-outlook-not-sufficient-to-adjust-qe2\/"},"modified":"2011-01-05T05:48:40","modified_gmt":"2011-01-05T04:48:40","slug":"commodities-slump-on-usds-rally-fomc-minutes-said-better-outlook-not-sufficient-to-adjust-qe2","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/12961\/commodities-slump-on-usds-rally-fomc-minutes-said-better-outlook-not-sufficient-to-adjust-qe2\/","title":{"rendered":"Commodities Slump on USD's Rally. FOMC Minutes Said Better Outlook Not Sufficient to Adjust QE2"},"content":{"rendered":"

Commodity markets slumped as USD rebounded after the December FOMC minutes showed a positive tone from policymakers. Gold price tumbled with the benchmark Comex contract plummeted to a 1-week low of 1375 before closing at 1378.8, down -3.1%. In the energy complex, the front-month contract for WTI crude oil declined to as low as 88.36 before finishing the day at 89.38, down -2.37%. Stock-builds in gasoline and distillate weighed further on sentiment.<\/p>\n

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\nCommodities Slump on USD's Rally. FOMC Minutes Said Better Outlook Not Sufficient to Adjust QE2<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Commodity markets slumped as USD rebounded after the December FOMC minutes showed a positive tone from policymakers. Gold price tumbled with the benchmark Comex contract plummeted to a 1-week low of 1375 before closing at 1378.8, down -3.1%. In the energy complex, the front-month contract for WTI crude oil declined to as low as 88.36 before finishing the day at 89.38, down -2.37%. Stock-builds in gasoline and distillate weighed further on sentiment. <\/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-12961","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\/12961","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=12961"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/12961\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=12961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=12961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=12961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}