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Fidelity positive on commodities despite falls

Posted on 30 May 2011

Despite a recent significant drop in commodity prices that may be the beginning of a longer slump, Fidelity Investment Management has argued the structural case for commodities remains strong.
The recent drop was the result of growing concern about the strength of global demand, on the back of rising interest rates in emerging markets which triggered a monetary tightening cycle that would hold back developing economies, according to Fidelity investment director Tom Stevenson……………………………………….Full Article: Source


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