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Commodities Briefing - Categorized | Trading more

Commodities may be on an edge

Posted on 23 October 2013

Commodities have been the strength behind the Australian economy for the past decade with the resources super cycle providing the wherewithal for the Rudd government to throw money at the country during the darkest days of the global financial crisis.
When resource prices did weaken some time into the crisis, the Chinese government’s massive stimulus program kicked in, pushing up demand for iron ore and coal and saving Australia’s economic bacon in the process………………………………………..Full Article: Source


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