Sat, Apr 19, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Market Moves, Trends more

Commodities decline on concern Europe’s debt crisis will spread

Posted on 18 November 2011

Commodities dropped the most since September on concern that Europe’s debt crisis is spreading, hurting the global economy and eroding demand for raw materials.

The Standard & Poor’s GSCI Index of 24 commodities fell 2 percent to 659.43 at 12:16 p.m. in New York, heading for the biggest loss since Sept. 30. Twenty prices tracked by the index declined, led by silver, energy and cotton. European and U.S. equity markets fell, and the cost of insuring against default on Spanish and French sovereign debt rose to records………………………………………Full Article: Source


 Article link

This post was written by:

VRS - who has written 34624 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
S M T W T F S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930