Markets

OIl firm across the board

The oil complex was able to hold onto gains even as the Cyprus relief rally the sent most risk asset market higher early in the session did not last very long. Equities and many risk asset markets ended Monday's session in negative territory as market participants once again started to be concerned that the conditions of the Cyprus deal could be the new standard for future bailout deals in Europe. The macroeconomic front was mostly quiet yesterday with traders and investors moving their focus slowly away from Cyprus and toward the value drivers that have been in play… especially the state of the global economy.

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


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

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