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Commodities Briefing - Categorized | Commodity Crisis, Financial more

Commodities and the European banking crisis

Posted on 21 October 2011

As so often occurs during a crisis, a multitude of unforeseen forces are unleashed which end up making the situation much worse. Unfortunately, Europe’s sovereign debt and banking crisis is now resulting in numerous unintended consequences, especially in the commodities space.
In terms of obvious first-order effects, the marked tightening of financial conditions and the weakening growth picture in Europe is restraining demand for imports from the emerging world, especially Asia. Not surprisingly, commodities-demand has also been dragged down……………………………………….Full Article: Source


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VRS - who has written 39513 posts on Opalesque Commodities Briefing.


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