Friday 8 June 2012

Fundamental Outlook


Crude oil prices are likely to remain bearish following Bernanke testimony
which provided no hints of further stimulus to the US economy. Also weak
economic data from US will likely weigh on its prices for short term.

Copper prices  may  remain  bearish  amidst  EU region concerns whose
adverse affect were highlighted in Bernanke testimony and no hints of QE3 by
the Fed.

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