| From Financialexpress.com: Commodities retreated last week as the greenback bounced back sharply after hitting a 15 month-low against a basket of six currencies. After the Dubai crisis, the focus has now shifted to Greece on huge deficit concerns.
Even though the risk of Dubai and Greece debt default is small, more of such events will shake investor’s confidence thereby shifting their focus from riskier assets to safe haven investments. On the macroeconomic front Germany witnessed an unexpected drop in industrial production which declined by almost 2% and the manufacturing new orders fell in terms of volumes.....................................Full Article: Source
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