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Commodities Briefing - Categorized | Market Moves, Trading more

JPMorgan trims commodities trading risk in Q3

Posted on 14 October 2011

JPMorgan trimmed its commodities trading risk in the third quarter while upping its risk in currencies and bonds, as heightened volatility across markets reduced the attractiveness of riskier assets like raw materials.
JPMorgan Chase & Co, the first major U.S. bank to announce results for the period, reported lower third-quarter profits, including a decline in quarterly revenues in its Fixed Income Markets business, which includes commodities……………………………………….Full Article: Source


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