Tuesday, February 19, 2008

Bank writedowns hit Europe, metals soar

LONDON - Hefty bank writedowns from losses in credit markets rattled European
investors today while Asian stock markets were relatively bullish and oil and metal prices rose unabated.

Platinum reached a new all-time high and gold climbed. Oil gained more than $1 a barrel. The dollar was weaker against a basket of major currencies.

Rest of this Business Day article, here.

NVDL: There's a big shift going down. Just watch what is happening around the clock to resources.

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