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Commodities Briefing - Categorized | Index, Market Moves, Performance more

Commodities reach inflection point

Posted on 30 April 2012

Commodity returns will take divergent paths as recommendations to actively manage exposures resonate amid higher energy price risk. Petroleum prices have taken control of the commodity complex once again. This was the main cause for a very healthy gain of over 6% for the S&P GSCI index in February.
Tension with Iran, the avoidance of a eurozone meltdown (at least for now) and an improving global economic backdrop has generally eased fears and pushed equity markets markedly higher in some places. A weaker US dollar also assisted, as has a backwardated petroleum curve………………………………………..Full Article: Source


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VRS - who has written 37629 posts on Opalesque Commodities Briefing.


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