DailyMarkets.com - Crude Oil To Rise As Gold Falls On Orderly Cyprus Banks Reopen

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Crude Oil To Rise As Gold Falls On Orderly Cyprus Banks Reopen Posted: 28 Mar 2013 12:47 AM PDT Crude oil is likely to rise amid a recovery in risk appetite while gold prices fall if Cyprus manages an orderly reopening of the troubled nation's banks. Talking Points Crude Oil, Copper Look to Reopening of Cyprus Banks to Guide Risk Trends Gold Prices to Decline as Silver Moves Higher on Recovery in Risk Sentiment Commodity prices are treading water in late Asian trade as markets continue to cast a worried eye toward the Eurozone. Needless to say, lingering uncertainty in Cyprus and … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

An Uncomfortable Bull Posted: 24 Mar 2013 06:25 PM PDT I suppose that I should be happy. I correctly turned bullish on a tactical basis (see Give in to the Dark Side). I correctly called the Cyprus mini-crisis (see Don’t get too excited about Cyprus and More of the usual Eurocrisis drama). As I write these words, the news of the Cyprus deal is sparking a modest risk-on rally. Over here on this side of the Atlantic, the American economy continues to chug along, despite the sequester and payroll tax hike. I agree with Tim Duy when he writes … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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