Palladium – Reuters reported that palladium fell 0.8% on strong US economic data. The global markets have also remained surprisingly calm amid the looming US government spending cuts which will start on Saturday.
Articles Tagged "US economic data"
Platinum – Reuters reported that platinum fell Friday on strong economic data and in spite of the upcoming spending cuts by the US government.
Tin – Bloomberg reported that tin advanced 0.8% on positive US economic data, its highest since January 30.
Oil – Bloomberg reported that crude oil options volatility went up as futures fell for the first time this week as reports showed US unemployment benefits claims were higher than forecast.
Palladium – Reuters reported that palladium is closing in on multi-month highs as US economic data continues to improve.
Stronger US jobs and housing data, together with improved prospects for Greece's bailout, are lifting commodities.