Crude Oil, Gold Vulnerable as Sentiment Sours Across Financial Markets


Shutterstock photo

Talking Points

  • Crude Oil, Copper Vulnerable as BIS Warns on Limits of Loose Monetary Policies
  • Gold and Silver May Decline if Risk Aversion Stokes Haven Demand for US Dollar

Commodities appear vulnerable after the Bank of International Settlements ( BIS ) said despite central banks being "cornered" into prolonging monetary stimulus, accommodative policies "have their limits" in its annual report. The statement weighed on sentiment in Asian trade , disappointing traders hopeful that the Federal Reserve will help the fragile US recovery offset headwinds from sluggish performance in Europe and Asia with a third quantitative easing effort (QE3), which policymakers opted against last week.

Read More on International Business Times

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing Commodities
Referenced Stocks: BIS

More from International Business Times


International Business Times

International Business Times

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by