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Commodities Briefing - Categorized | Currencies, Market Moves more

Currency wars and commodities

Posted on 18 February 2013

Big declines in both the yen and crude oil may be giving the market a sneak peek at a near-term correction. But whether or not you believe a correction would be healthy at this stage, MoneyShow’s Tom Aspray shares his market analysis and what you should watch for this week.
The action Friday in the stock market was overshadowed by the sharp declines in crude oil and gold in early trading. The widely watched SPDR Gold Trust (GLD) dropped to its lowest level since last August, and the nearby crude oil contract was down close to 2% during the day. Both did close above the early lows………………………………………..Full Article: Source


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