Commodities Face Stiff Headwinds
The European Union's sovereign debt and financial crisis has returned to the front burner in the past couple of weeks. And the heat has gone from a simmer to a medium boil. Traders and investors who were looking to enjoy those lazy, hazy days of summer with low market volatility are now staring at what may be their summer of discontent.
Commodity markets have been especially hard hit by the escalation in the E.U. crisis, which some fear could spread into a worldwide debt contagion. Recent shaky economic data coming out of the major industrial regions of the world (China, the U.S. and the E.U.) are also a bearish portent for commodities....317 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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