{"id":14476,"date":"2011-07-22T06:33:14","date_gmt":"2011-07-22T04:33:14","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/14476\/market-thrilled-by-new-eu-funding-measures\/"},"modified":"2011-07-22T06:33:14","modified_gmt":"2011-07-22T04:33:14","slug":"market-thrilled-by-new-eu-funding-measures","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/14476\/market-thrilled-by-new-eu-funding-measures\/","title":{"rendered":"Market Thrilled by New EU Funding Measures"},"content":{"rendered":"

The EU summit ended with new measures for helping Greece and stabilizing the sovereign crisis in the whole Eurozone. Market sentiment was bolstered with equities rallying on both sides of the Atlantic, peripheral yield spreads narrowing and the US dollar falling. In the commodity sector, oil jumped while gold slipped as investors sought higher yields. The front-month WTI crude contract (August) briefly broke above 100, the highest level since June 10 before settling at 99.13, up +0.74%. The Brent crude contract for September delivery fluctuated between 116.5\/119.5 but eventually ended the day at 117.51, down -0.54%. Gold retreated as investors were relieved from sovereign debt concerns. The benchmark Comex contract dropped for a third day to 1587, down -0.62%, at close.<\/p>\n

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\nMarket Thrilled by New EU Funding Measures<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The EU summit ended with new measures for helping Greece and stabilizing the sovereign crisis in the whole Eurozone. Market sentiment was bolstered with equities rallying on both sides of the Atlantic, peripheral yield spreads narrowing and the US dollar falling. In the commodity sector, oil jumped while gold slipped as investors sought higher yields. The front-month WTI crude contract (August) briefly broke above 100, the highest level since June 10 before settling at 99.13, up +0.74%. The Brent crude contract for September delivery fluctuated between 116.5\/119.5 but eventually ended the day at 117.51, down -0.54%. Gold retreated as investors were relieved from sovereign debt concerns. The benchmark Comex contract dropped for a third day to 1587, down -0.62%, at close. <\/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-14476","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\/14476","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=14476"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/14476\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=14476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=14476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=14476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}