Friday, May 4, 2012

DailyMarkets.com - Commodities Sold As Risk Appetite Fades In Europe, US Jobs Data On Tap

DailyMarkets.com - Commodities Sold As Risk Appetite Fades In Europe, US Jobs Data On Tap

Commodities Sold As Risk Appetite Fades In Europe, US Jobs Data On Tap

Posted: 04 May 2012 01:59 AM PDT

Talking Points

Crude Oil, Copper Sold as Risk Aversion Grips Europe, All Eyes on US Jobs Data
Gold and Silver Outlook Clouded Along with That of US Dollar Pre-NFP Result

All eyes are on the US Employment report into the week-end. Expectations call for the nonfarm payrolls to rise 160,000 in April after rising 120,000 in the previous month. The release presents a variety of divergent scenarios for the financial markets.
On one hand, a stronger-than-expected result can be interpreted as broadly … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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