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Commodities Briefing - Categorized | Investment, Market Moves more

Commodities hit brakes after a run-up

Posted on 01 October 2012

Kevin NorrishInvestors bid up the price of commodities in recent months as expectations rose that the Federal Reserve would soon step in once again to stimulate the wobbly U.S. economy. But the rally has stalled since the package was unveiled in September, raising concerns about whether widespread gains will continue in months ahead, as they did after an earlier Fed initiative in 2010.
The Dow Jones-UBS Commodity Index has jumped 15% since June 6, when Fed officials indicated the central bank might need to take further action to promote growth. The index also leapt 15% in the three months after the Fed signaled its 2010 plans………………………………………..Full Article: Source


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