• 
• See all for International Business Times
• View Print Version

• Tropical Storm Debby Lifts Crude Oil Futures To Above $80
• Cautiousness Remains ahead of EU Summit
• Crude Oil, Gold Vulnerable as Sentiment Sours Across Financial Markets

Investors' optimism after the Greek election proved to be short-lived as indicated by the selloff in the stock markets and other risk assets. The Fed extended operation twist trough the year end instead of adopting QE3 while the BOE decided of leave the size of asset purchases as it is although the voting results showed that the members were more divide. Absence of aggressive monetary stimulus announced by central banks also intensified concerns over the path of global economic recovery. Financial markets were lifted on Friday on bargain hunting and the ECB relaxed terms for collateral. There were also increasing speculations that the central bank would announce another set of long-term loans.

Read More on International Business Times

Related Commodities Articles

• 
  UPDATE: Trevali Mines Provides Santander Mine Update; Shares Were Down But Now in the Green
  5/21/2013 11:16 AM
• 
  UPDATE: ArPetrol Announces Q1 2013 Results; Shares Up Late Morning
  5/21/2013 11:13 AM
• 
  UPDATE: Alpha Minerals, Fission to Launch $6.95 Mln Drill Program at Patterson Lake; Alpha Edges Up, Fission Down 2%
  5/21/2013 11:13 AM