(News) COMMODITIES-Dollar rally spurs sell-off in most markets – Forbes
NEW YORK (Reuters) – Risk takers ran for cover Thursday, fearful that a U. The stock market’s second day of declines came on the heels of a four-day rally that pushed U. Earlier this week, the run-up in stocks and crude oil, combined with a steep drop in the dollar to its 2009 low, pulled many commodities into lofty multi-month or multi-week highs that rendered them vulnerable to a sell-off, especially amid mixed readings from the week’s U. Economists polled by Reuters expect data to show employers cut 320,000 jobs in July, down from a loss of 467,000 jobs the prior month. The Reuters-Jefferies CRB index , which tracks 19 futures markets, ended 3. read more
Comments Off