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Positioning for a bumpier ride in early 2013

Posted on 19 December 2012

The recent period of relative calm in commodities markets looks unlikely to persist, in the view of Barclays. As in previous years when commodities have started strongly, investors are underweight and prices have fallen during the final quarter.
“However, a likely resolution of US fiscal cliff issues, a recovering Chinese economy and the potential for event risk to materialise, in the form of geopolitics and weather, all suggests a much more positive price environment heading in to 2013,” according to Barclay’s commodity specialist Kevin Norrish………………………………………..Full Article: Source


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