{"id":14407,"date":"2011-07-15T05:39:16","date_gmt":"2011-07-15T03:39:16","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/14407\/sentiment-sours-as-bernanke-plays-down-qe3-speculations\/"},"modified":"2011-07-15T05:39:16","modified_gmt":"2011-07-15T03:39:16","slug":"sentiment-sours-as-bernanke-plays-down-qe3-speculations","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/14407\/sentiment-sours-as-bernanke-plays-down-qe3-speculations\/","title":{"rendered":"Sentiment Sours as Bernanke Plays Down QE3 Speculations"},"content":{"rendered":"

Market sentiment soured as Fed Chairman Ben Bernanke damped hopes on QE3 on the second day of his testimony. Moreover, S&P joined Moody's by putting US' credit rating on review for a downgrade. Risky assets slumped. Wall Street fell with the DJIA and S&P 500 Index losing -0.44% and -0.67% respectively. Oil fell sharply, reversing most of the gains made over the past 2 days, as investors sought safer investments. The front-month contract for WTI crude oil plunged to as low as 94.53 before settling at 95.69, down -2.41%. The equivalent Brent contact (expired yesterday) slipped modestly and closed at 118.32, down -0.39%, while the more active September contract lost -1.35% to close at 116.26. Gold extended the rally for an 8th day and surged to a record high of 1594.9 before settling at 1589.3, +0.24%.<\/p>\n

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See original here:\u00a0
\nSentiment Sours as Bernanke Plays Down QE3 Speculations<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Market sentiment soured as Fed Chairman Ben Bernanke damped hopes on QE3 on the second day of his testimony. Moreover, S&P joined Moody's by putting US' credit rating on review for a downgrade. Risky assets slumped. Wall Street fell with the DJIA and S&P 500 Index losing -0.44% and -0.67% respectively. Oil fell sharply, reversing most of the gains made over the past 2 days, as investors sought safer investments. The front-month contract for WTI crude oil plunged to as low as 94.53 before settling at 95.69, down -2.41%. The equivalent Brent contact (expired yesterday) slipped modestly and closed at 118.32, down -0.39%, while the more active September contract lost -1.35% to close at 116.26. Gold extended the rally for an 8th day and surged to a record high of 1594.9 before settling at 1589.3, +0.24%. <\/p>\n","protected":false},"author":7,"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-14407","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\/14407","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\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=14407"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/14407\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=14407"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=14407"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=14407"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}