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Dubai debt fallout clears; industrial commodities rise

Posted on 01 December 2009

From Livemint.com: Commodity investors put fears of a Dubai-fueled debt crisis and a surge in the dollar to the back of their minds on Monday as last week’s rollercoaster ride for industrial raw materials turned into a gentle undulation.

Hopes that the fallout from Dubai’s debt standstill will be limited helped Asian stocks recover from sharp falls last week, while the dollar fell 0.6% against major currencies after climbing more than 1% the previous session…………………………….Full Article: Source

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This post was written by:

VRS - who has written 36638 posts on Opalesque Commodities Briefing.


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