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Commodities Briefing - Categorized | Market Moves more

Commodities lead gains as emerging markets drop

Posted on 03 September 2013

Commodities beat bonds, stocks and the dollar for a third month, the longest winning streak in two years, as the prospect of military strikes in Syria boosted oil and gold. Emerging markets declined as currencies plunged from Brazil to Turkey to India.
The Standard & Poor’s GSCI Total Return Index of 24 raw materials rose 3.4 percent in August as U.S. crude reached a two-year high and gold rallied close to a bull market. The MSCI All-Country World Index (SPX) of equities in 45 markets fell 2 percent including dividends and the U.S. Dollar Index, a measure against six trading partners, gained 0.8 percent………………………………………..Full Article: Source


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