{"id":14639,"date":"2011-08-11T06:00:08","date_gmt":"2011-08-11T04:00:08","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/14639\/downgrade-concerns-spread-to-france\/"},"modified":"2011-08-11T06:00:08","modified_gmt":"2011-08-11T04:00:08","slug":"downgrade-concerns-spread-to-france","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/14639\/downgrade-concerns-spread-to-france\/","title":{"rendered":"Downgrade Concerns Spread to France"},"content":{"rendered":"

Stock markets got hit again yesterday as driven by concerns that credit ratings of French debts will be downgraded. Wall Street slumped with DJIA and S&P 500 losing -4.62% and -4.42% respectively while European bourses sank 3-5%. In the commodity sector, oil initially followed equities and fell but then reversed after the DOE\/EIA reported bigger-than-expected inventory draws last week. The front-month contract for WTI crude oil ended the day at 82.89, up +4.53%, while the equivalent Brent crude contract soared +4.01% to settle at 106.68. The WTI-Brent spread remained wide at 23.79 despite the drop in Cushing stock.<\/p>\n

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\nDowngrade Concerns Spread to France<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Stock markets got hit again yesterday as driven by concerns that credit ratings of French debts will be downgraded. Wall Street slumped with DJIA and S&P 500 losing -4.62% and -4.42% respectively while European bourses sank 3-5%. In the commodity sector, oil initially followed equities and fell but then reversed after the DOE\/EIA reported bigger-than-expected inventory draws last week. The front-month contract for WTI crude oil ended the day at 82.89, up +4.53%, while the equivalent Brent crude contract soared +4.01% to settle at 106.68. The WTI-Brent spread remained wide at 23.79 despite the drop in Cushing stock. <\/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-14639","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\/14639","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=14639"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/14639\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=14639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=14639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=14639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}