Fri, Apr 18, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Performance, Research more

Goldman Sachs keeps “neutral” recommendation on commodities

Posted on 24 July 2013

Goldman Sachs has maintained a “neutral” recommendation for commodities both a near-term and a 12-month horizon on expectations of flat returns. The bank lowered its 12-month S&P GSCI Enhanced Commodity Index return forecast to 0.1 per cent from 2.3 per cent.
“Our current outlook is extremely benign, with returns expected to be mostly flat over the next 12 months,” analyst Jeffrey Currie said in a note. The 12-month return forecast will include a 1.5 per cent gain in energy and 6 per cent gain in industrial metals, the bank said in a note dated Monday………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 34624 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
S M T W T F S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930