07.07.2015 - Commodities prices fall as Grexit fears build
As stock markets decline and Greek bond yields soar, commodities markets are also mourning the result of Sunday's referendum where Greece voted against accepting the terms of an austerity-focused bailout. The price of Brent crude, the global oil benchmark, has slipped down 1 per cent to $59.7 a barrel. Copper traded on the London Metal Exchange has fallen 2.7 per cent to $5596 per tonne, as the red metal, which is viewed by many investors as a proxy for economic growth, takes the brunt of fears over the stability of the eurozone...............................................Full Article: Source
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