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Commodities Briefing - Categorized | Market Moves, Price Watch more

Growth worries hit stocks and commodities

Posted on 02 May 2013

Fresh evidence of slowing global growth prompted further falls for industrial commodities, US stocks and the dollar, and gains for Treasury bonds, even as the Federal Reserve backed away from previous hints that the pace of its asset purchase programme might be curbed.
The central bank said it was prepared to raise or lower the level of its purchases as economic conditions evolved. It described the economy as expanding moderately but said fiscal policy was “restraining” growth………………………………………..Full Article: Source


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