{"id":14608,"date":"2011-08-08T05:29:46","date_gmt":"2011-08-08T03:29:46","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/14608\/g-7-commitment-fails-to-lift-confidence\/"},"modified":"2011-08-08T05:29:46","modified_gmt":"2011-08-08T03:29:46","slug":"g-7-commitment-fails-to-lift-confidence","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/14608\/g-7-commitment-fails-to-lift-confidence\/","title":{"rendered":"G-7 Commitment Fails to Lift Confidence"},"content":{"rendered":"

Market sentiment was not helped by the G-7 statement which pledged to ‘take all necessary measures to support financial stability and growth’. In Asian session, the MSCI Asia Pacific Index fell more than -1%, responding to S&P’s downgrade of US’ debt rating. In the currency market, the US dollar declined against the euro and the yen while commodity currencies also slipped amid risk aversion. In the commodity sector, gold spiked to a new record high of 1698.9 as investors lost confidence in fiat currencies. Oil prices resumed the selloff after the recovery last Friday.<\/p>\n

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Excerpt from:
\nG-7 Commitment Fails to Lift Confidence<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Market sentiment was not helped by the G-7 statement which pledged to ‘take all necessary measures to support financial stability and growth’. In Asian session, the MSCI Asia Pacific Index fell more than -1%, responding to S&P’s downgrade of US’ debt rating. In the currency market, the US dollar declined against the euro and the yen while commodity currencies also slipped amid risk aversion. In the commodity sector, gold spiked to a new record high of 1698.9 as investors lost confidence in fiat currencies. Oil prices resumed the selloff after the recovery last Friday. <\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-14608","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\/14608","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=14608"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/14608\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=14608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=14608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=14608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}