COMMODITIES DAYBOOK: Raw Materials Rally as Greece Wins Bailout

Commodities advanced to the highest level in more than six months as euro-area finance ministers reached agreement on a second debt bailout package for Greece, boosting the euro and increasing demand for raw materials.

WHAT TO WATCH:
(ALL TIMES NEW YORK)
 7:10 a.m. U.K. Energy Secretary Charles Hendry speaks in London
10:00 a.m. International Grains Trade Conference, Singapore
11:00 a.m. U.S. Grain Export Inspections
 2:00 p.m. U.S. Hog, Cattle Slaughter
All Day: Nigeria Oil & Gas 2012 conference, Abuja.
All Day: International Zinc Conference, Rancho Mirage, CA

TOP STORIES
-Commodities Rally to Highest in More Than Six Months on Greece
-Record Rice Crop Boosts Stockpiles to Decade High: Commodities
-Oil Profits Slide Fastest Since Lehman Collapse on Gas: Energy
-Coal to India Beating China on Supply Shortfall: Energy Markets
-Billionaire Fredriksen Sees Golar LNG Rates Surging: Freight
-Gold Imports by India Seen Declining From Record on Prices
-Australia Seen Gaining Wheat Market Share From U.S. in Asia
-Zinc Smelter Fees to Drop as Supply Spurs Discounts: Survey
-Oil Trades Near 9-Month High as Europe Reaches Greek Aid Deal
-Asia Gasoil Crack Spread Widens Most in 10 Weeks: Oil Products
-Rio Sees ‘Volatile’ First-Half Iron Ore Prices on China, Greece
-Greece Wins Second Bailout as Europe Chooses Aid Over Default

ON THE FRONT PAGES:
-China Invests 1.75b Yuan in Nuclear Research Last Year: Xinhua
-Greece’s Depa May Buy Stake in TAP Pipeline Group: Imerisia
-India Calls Meeting on Oil Block Exploration Delays: Hindu Link
-China Guodian to Invest 100b Yuan in Yunnan New Energy: Daily
-India’s NTPC Awards 60b Rupee Contracts for Power Plant: Mint
-Toshiba to Resume Air Conditioner Output at Thailand Unit: Link
-United Tractors to Buy 2 Coal Mines in Kalimantan, Bisnis Says

ECONOMIC DATA:
(ALL TIMES NEW YORK)
 8:30 a.m. Canada Retail, Wholesale Sales
 8:30 a.m. Chicago Fed Nat Activity Index

TV HIGHLIGHTS:
11:30 a.m. Manoj Ladwa ETX Capital

MARKETS (5:45 a.m. NY Time):

Last Chg %Chg WTI Crude Oil $104.65 +1.41 +1.4 Gasoline $3.03 +0.013 +0.4 Natural Gas $2.65 -0.037 -1.4 Copper $8,351.25 +115.75 +1.4 Gold $1,737.04 +2.09 +0.1 Wheat $6.44 -0.038 -0.6 U.S. Dollar Index 79.08 -0.06 -0.1 MSCI All-Country Index 329.92 -0.97 -0.3


To contact the reporters on this story:
Chanyaporn Chanjaroen in Singapore at 
cchanjaroen@bloomberg.net;
Mathew Carr in London at 
m.carr@bloomberg.net

To contact the editors responsible for this story:
James Poole at 
jpoole4@bloomberg.net;
Stephen Voss at 
sev@bloomberg.net



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