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Commodities Briefing - Categorized | Market Moves, Price Watch more

The mystery of rising commodity prices

Posted on 15 October 2010

From Dailyreckoning.com: In recent months, commodity prices have risen dramatically. From a low point reached in June, various broad commodity indices are up from 15-20%. Few components have not participated in this rally to at least some extent.
While commodity prices are individually quite volatile, when placed in a broad, diversified, basket, their volatility is comparable to the stock market. So this recent rally is significant. Moreover, it is occurring alongside signs that the global economy is beginning to slow, which is the opposite of what one would normally expect. Leading indicators in the United States and Japan have turned decisively lower, while those for Europe are moderating……………………………………….Full Article: Source

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This post was written by:

VRS - who has written 34604 posts on Opalesque Commodities Briefing.


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