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Commodities Briefing - Categorized | Commentaries, Market Moves more

Economic revival boosts commodities

Posted on 04 December 2012

Throughout the fall, as Europe teetered, America’s election created political uncertainty, and global economic growth slowed, the entire commodities complex caught a cold. The DB Commodities Tracking Fund lost nearly 10% as crude oil, industrial metals, food stuffs, and precious metals all moved lower in unison.
Some of this had to do with a mark down in growth expectations and a decline in inflation expectations. A strong but short-lived pop in the U.S. dollar contributed as well. But this is all reversing now as growth reaccelerates (despite the unresolved “fiscal cliff” here at home) and the dollar weakens — setting the stage for what appears to be the start of a strong new uptrend………………………………………..Full Article: Source


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VRS - who has written 37188 posts on Opalesque Commodities Briefing.


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