Saturday, January 21, 2012

Weekly Outlook for 23-27 January

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DG365FD46564GFH654FU898 Following the sharp changes in the Forex markets, partly due the S&P’s announcement to cut the credit rating of France and Austria, this week will start with the news of S&P estimates a negative outlook for the European Union. During last week gold and silver prices increased, while energy commodities such as crude oil and natural gas prices declined. There are many news items to be published this week that could affect commodities and forex markets including: U.S. GDP growth rate for fourth quarter, U.S. new home sales report, EU’s monetary development,



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