hout a QE3 behind it, it will take liquidity out of the market, hurting risky asset classes such as commodities
Wholesale NHL Jerseys ," said Chris Jarvis
Wholesale NHL Jerseys , senior analyst
Wholesale NHL Jerseys , Caprock Risk Management in New Hampshire.
"With Osama bin Laden dead, the market is adjusting the geopolitical risk premium down accordingly. Given this, speculative money is being taking off the table."
India's central bank raised rates more than expected on Tuesday
Wholesale NHL Jerseys , and expectations No. 2 oil consumer China could take similar actions helped push down prices on Wednesday.
The euro headed for its biggest slide against the dollar since November after the European Central Bank hinted interest rates were unlikely to rise next month, short-circuiting a rally that had driven the currency to a 17-month high.
(Reporting by Eileen Moustakis, Gene Ramos, Robert Gibbons
Wholesale NBA Jerseys Reporting by Matthias Williams, Emma Farge, and Jeffrey Kerr in New York; Francis Kan in Singapore, Claire Milhench and Dmitry Zhdannikov in London and Jeffrey Kerr in New York; Editing by David Gregorio)
Money
Sharp upward revisions of oil price forecasts by Goldman Sachs and Morgan Stanley have deepened the schism between oil bears and bulls to levels unseen since prices peaked in 2008.
A Reuters monthly poll of 30 analysts showed Brent crude oil averaging $108.80 a barrel in 2011, $107.20 in 2012 and $110.70 in 2013, little changed from the previous monthly forecast and not far away from Wednesday's price of above $112.
But while bears cited weak demand and ebbing geopolitical risk premiums as reasons for oil to plunge to $75 per barre