While I agree we dont sell many comodities to the PIIGS, the market was Quite nervous today & most Resource stocks were down, even though they dont sell comodities to the PIIGS either.
It was more a sell down on risk, and equities are seen as risky.
European markets are steady in early trade so far & the US futures are up at the minute so hopefully all is OK here tomorrow.
Copper & Gold are both lower in early trade on the LME.
cheers
EXS Price at posting:
53.5¢ Sentiment: LT Buy Disclosure: Held