{"id":14449,"date":"2011-07-20T06:47:26","date_gmt":"2011-07-20T04:47:26","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/14449\/risk-on-as-us-is-closer-to-reach-a-deal-on-debt\/"},"modified":"2011-07-20T06:47:26","modified_gmt":"2011-07-20T04:47:26","slug":"risk-on-as-us-is-closer-to-reach-a-deal-on-debt","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/14449\/risk-on-as-us-is-closer-to-reach-a-deal-on-debt\/","title":{"rendered":"Risk On as US is Closer to Reach a Deal on Debt"},"content":{"rendered":"<p>Market sentiment improved with investors seeking riskier assets as the US is closer to reach a deal to raise the debt ceiling. Wall Street rallied with both the DJIA and the S&P 500 Index gaining +1.63%. Commodities rose with the exception of precious metals. WTI crude oil for August delivery jumped to as high as 98.65 before settling at 97.5, up +1.64% and the highest close since July 13. Brent crude oil for September delivery initially soared to 118.45 before ending the day at 117.06, up +0.87%, while the equivalent WTI contract jumped +1.67% to 97.86 at close. Gold plunged to a 2-day low of 1582.7 after climbing to a new record high of 1610.7 earlier in the day. The contract eventually closed flat at 1601.1.<\/p>\n<div>\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=I6sM0b6Ci9Y:zFTLTJLXNHw:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=I6sM0b6Ci9Y:zFTLTJLXNHw:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=I6sM0b6Ci9Y:zFTLTJLXNHw:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=I6sM0b6Ci9Y:zFTLTJLXNHw:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=I6sM0b6Ci9Y:zFTLTJLXNHw:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=I6sM0b6Ci9Y:zFTLTJLXNHw:qj6IDK7rITs\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?d=qj6IDK7rITs\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=I6sM0b6Ci9Y:zFTLTJLXNHw:l6gmwiTKsz0\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?d=l6gmwiTKsz0\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=I6sM0b6Ci9Y:zFTLTJLXNHw:gIN9vFwOqvQ\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=I6sM0b6Ci9Y:zFTLTJLXNHw:gIN9vFwOqvQ\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/OngFocus\/~4\/I6sM0b6Ci9Y\" height=\"1\" width=\"1\" \/><\/p>\n<p>More here:\u00a0<br \/>\n<a target=\"_blank\" href=\"http:\/\/feedproxy.google.com\/~r\/OngFocus\/~3\/I6sM0b6Ci9Y\/\" title=\"Risk On as US is Closer to Reach a Deal on Debt\">Risk On as US is Closer to Reach a Deal on Debt<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Market sentiment improved with investors seeking riskier assets as the US is closer to reach a deal to raise the debt ceiling. Wall Street rallied with both the DJIA and the S&#038;P 500 Index gaining +1.63%. Commodities rose with the exception of precious metals. WTI crude oil for August delivery jumped to as high as 98.65 before settling at 97.5, up +1.64% and the highest close since July 13. Brent crude oil for September delivery initially soared to 118.45 before ending the day at 117.06, up +0.87%, while the equivalent WTI contract jumped +1.67% to 97.86 at close. Gold plunged to a 2-day low of 1582.7 after climbing to a new record high of 1610.7 earlier in the day. The contract eventually closed flat at 1601.1. <\/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-14449","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\/14449","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=14449"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/14449\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=14449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=14449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=14449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}