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Commodities rally unlikely to sustain in Q4

Posted on 04 November 2013

Ongoing uncertainties over economic growth, monetary policy, geopolitics and currency gyrations continue to buffet the global commodity markets even as commodities respond to these in several ways. The last quarter witnessed a broad-based recovery in spot prices of commodities such as crude because of supply disruption and in gold and copper because of short-covering.
Will the price rally sustain over Q4? It looks most unlikely on current reckoning given the still muted global growth environment and strong possibility of the beginning of a progressive end to the US easy money policy in the months ahead………………………………………..Full Article: Source


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VRS - who has written 38163 posts on Opalesque Commodities Briefing.


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