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Commodities Briefing - Categorized | Listings/IPO/Stock Market, Market Moves more

5 commodity stocks moving on news

Posted on 26 March 2013

We are looking at a risk-on trade begin to take place as news that Cyprus has reached a deal with the EU on a 10 billion Euro bailout. Russia has been left out as they were unable to reach a deal of their own for a bailout and one has to question their actions as of late.
We have seen some reports that they wanted to get assets for pennies on the dollar, and will look to do that should Cyprus have problems in the future, but if Europe is going to be on the hook for this now, they might as well throw more money at the problem in the future. This further cements Cyprus as an EU member and solidifies the Union………………………………………..Full Article: Source


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VRS - who has written 36151 posts on Opalesque Commodities Briefing.


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