Crude oil gains 2% on Spanish news

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Source: Marketwatch
Oil futures gained during electronic training on Monday, after news of a rescue plan for Spanish banks decreased investor concerns about the European crisis. Petroleum for July delivery ticked higher $1.38, a 1.6 per cent increase, to $85.43 a barrel .
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Mon, 11 Jun 2012 18:42:37 GMT

Canadian stocks gain on Spanish request

Canadian markets edged higher on news about Spanish aid request from the EU. The Standard & Poor TSX jumped 0.1 per cent. The country's currency weakened versus the USD, with the greenback buying C$1.0271, comparing to C$1.0224 in the previous session.

Mon, 11 Jun 2012 22:33:38 GMT

Copper gained 2% on Spanish euphoria

Futures for copper gained 2% in the European Monday morning trading session, as investors were more confident after the EU agreed to bailout Spain up to EUR100 billion. On the NYMEX, July delivery futures for copper were traded at USD3.354 per pound. It earlier peaked at USD3.400, gaining 3.5% from the beginning of the trading session.

Mon, 11 Jun 2012 21:27:37 GMT

Cable gained on news about Spanish bailout but worries capped gains

The British Pound gained versus the U.S. dollar during European afternoon trading session, as Spanish bailout news supported demand for risky assets. However, investors remained concerned about the handling of the Eurozone debt crisis. Cable peaked at 1.5582, and later consolidated at 1.5526, which was a gain of 0.35% in the European afternoon trade.

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