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What effect will the EU summit have on commodities?

Posted on 29 June 2012

Commodity prices are broadly lower ahead of the EU summit and a disappointing unemployment rate in Germany, which jumped to 6.8%. Equity markets in the euro zone are falling on growing fears the EU summit starting in Germany will be a bust, with no decisive plan from EU leaders.
In fact the really scariest trend I noticed online this morning is traders and media outlets comparing the EU to the 2008 Lehman Brothers collapse………………………………………..Full Article: Source


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VRS - who has written 48800 posts on Opalesque Commodities Briefing.


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