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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