Tuesday, February 19, 2013

DailyMarkets.com - Crude Oil At Risk On US Spending Cuts, Copper Breaks Down

DailyMarkets.com - Crude Oil At Risk On US Spending Cuts, Copper Breaks Down


Crude Oil At Risk On US Spending Cuts, Copper Breaks Down

Posted: 19 Feb 2013 05:01 AM PST

Crude oil is at risk despite buoyant risk appetite as US "sequester" spending cuts loom just over a week ahead. Copper has completed a bearish technical breakout.
Talking Points

Commodities Little-Changed Despite Risk-On Mood Before Wall Street Open
Looming US "Sequester" Spending Cuts May Undermine Sentiment Trends
Copper Prices Complete Multi-Month Bearish Technical Pattern, Aim Lower

Commodity prices are trading little-changed ahead of the opening bell on Wall Street despite a … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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