CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
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Legislation aimed at pressing China to let its yuan currency rise has been propelled to the top of the U.S. Senate's agenda by concern about manufacturing job losses and anxiety about impending votes on three free-trade agreements.
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Though Tuesday's Sarkozy-Merkel meeting won't focus on issuing euro bonds, some say its adoption may be the only way to save the EU, reports The New York Times.
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Gold prices rose 0.5 percent in Europe on Monday, supported by a rebound in the euro versus the dollar, and as investors took advantage of the metal's dip to six-week lows last week to buy into the market.
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