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Commodities Briefing - Categorized | Market Moves more

Commodities move up on hopes for stronger demand

Posted on 21 January 2013

Commodity markets moved up a gear during the past week as strong performances were recorded across most sectors apart from industrial metals and livestock. Chinese and US economic data continued to improve, raising the prospects for the global economy and supporting increased demand for commodities.
The S&P 500 index recorded additional gains while the dollar was unchanged against the euro but made additional gains against the Japanese yen, which hit a 2.5 year low — the main story in currency markets so far this January………………………………………..Full Article: Source


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