Crude oil prices are vulnerable as risk aversion grips financial markets anew while gold may find support as traders rethink the chances of an early end to Fed stimulus.
- Crude Oil and Copper Vulnerable as "Fiscal Cliff" Deal Optimism Dissipates
- Gold, Silver May Find Support as Traders Rethink Early End to Fed Stimulus
Cycle-sensitive crude oil and copper prices are under pressure in European trade with risk appetite on the defensive to start the trading week. A short lull in big-ticket event risk this week opens the door for investors to digest last week's volatility. On the docket to be reconsidered are the last-minute deal avoiding the "fiscal cliff"and December's FOMC meeting minutes.
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