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Commodities: All about China policies

Posted on 20 October 2011

On Friday UBS made a big switch in its investment view on commodities and commodities stocks and the investment banker made it clear it wasn’t joking, issuing multiple documents and strategy advisories to its clientele across the world. The move would have caught many an expert’s attention as, unlike peers at Goldman Sachs and Macquarie for example, UBS had been negative on commodities all year.
What makes UBS’s switch even more remarkable is that “economic growth” inside or outside China does not feature prominently in any of the motivations to explain the change. So what does?………………………………………Full Article: Source


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VRS - who has written 36685 posts on Opalesque Commodities Briefing.


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