Sat, Jan 31, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Commodity Crisis, Market Moves, Trends more

Japan nuclear crisis triggers massive commodity sell-off

Posted on 16 March 2011

From Thehindubusinessline.com: Japan’s deepening nuclear crisis, triggered by the March 11 earthquake and tsunami, sent shock waves across the commodities market on Tuesday with prices of crude oil, gold, silver, copper and coffee crashing. Other commodities such as rubber, crude palm oil also dropped, though some recouped their losses towards the end of the day.
A broad sell-off was seen across all commodities as investors and funds chose to cash in or book profits. A rising dollar contributed to the chaos in the market as commodities that are traded in the greenback began to lose value……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 39041 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
January 2015
S M T W T F S
« Dec    
 123
45678910
11121314151617
18192021222324
25262728293031