{"id":16095,"date":"2012-05-15T05:58:26","date_gmt":"2012-05-15T03:58:26","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/16095\/markets-remain-pressured-by-eurozone-situation-italian-banks-downgraded\/"},"modified":"2012-05-15T05:58:26","modified_gmt":"2012-05-15T03:58:26","slug":"markets-remain-pressured-by-eurozone-situation-italian-banks-downgraded","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/16095\/markets-remain-pressured-by-eurozone-situation-italian-banks-downgraded\/","title":{"rendered":"Markets Remain Pressured by Eurozone Situation. Italian Banks Downgraded"},"content":{"rendered":"

Financial markets continued the same pessimistic tone, mainly driven by the situation in the Eurozone. The same deadlock remained in Greece with no progress in the formation of a coalition government. Credit ratings of a number of Italian banks were downgraded although bond auction results came in better than expected. Wall Street plunged with the DJIA and the S&P 500 losing -0.98% and -1.11% respectively. In the commodity sector, the front-month contract for WTI crude oil slipped to as low as 93.65 before rebounding to 94.78 at close, down -1.40%, while the equivalent Brent crude contract plummeting to 110.04 before ending the day at 111.57, down -0.61%. the Comex gold contract declined further to 1561.0, down -1.45% at close.<\/p>\n

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\nMarkets Remain Pressured by Eurozone Situation. Italian Banks Downgraded<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Financial markets continued the same pessimistic tone, mainly driven by the situation in the Eurozone. The same deadlock remained in Greece with no progress in the formation of a coalition government. Credit ratings of a number of Italian banks were downgraded although bond auction results came in better than expected. Wall Street plunged with the DJIA and the S&P 500 losing -0.98% and -1.11% respectively. In the commodity sector, the front-month contract for WTI crude oil slipped to as low as 93.65 before rebounding to 94.78 at close, down -1.40%, while the equivalent Brent crude contract plummeting to 110.04 before ending the day at 111.57, down -0.61%. the Comex gold contract declined further to 1561.0, down -1.45% at close. <\/p>\n","protected":false},"author":8,"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-16095","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\/16095","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\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=16095"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/16095\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=16095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=16095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=16095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}