Fri, May 24, 2013
A A A
Welcome hendrik.absolut
RSS

Commodities Briefing - Categorized | Financial, Market Moves more

Sold-off commodities seen set for further 20pct decline

Posted on 23 May 2012

Pau Morilla-GinerAlready down sharply from peaks set in the first quarter of the year, commodities such as metals and crude oil look set for further falls while global economic conditions remain weak.
Prospects of Greek default, coupled with faltering growth in top raw materials consumer China, set a negative backdrop for commodities, whose price is closely tied to global demand. Even gold, traditionally a safe haven in troubled times, has lost some of its appeal………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 29749 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
May 2013
S M T W T F S
« Apr    
 1234
567891011
12131415161718
19202122232425
262728293031