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Commodities, global economy not yet on a firm recovery path: Barclays

Posted on 27 September 2013

Commodity benchmarks are on course in Q3, 2013 to the biggest quarterly gains in a year however, Barclays cautions that it is not due to any real recovery in the global economy. Commodity returns were boosted with the easing of a number of potentially negative factors and the emergence of the some idiosyncratic risks in specific markets such as oil, rather than any convincing evidence of a sustained improvement in the demand environment.
“With the list of issues and events that could potentially wrong-foot investors now a little shorter and positioning much cleaner, we see outcomes for commodity markets in Q4 tied to three key themes,” Barclays said:……………………………………….Full Article: Source


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