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Demand for commodities expected to receive a boost in 2014

Posted on 30 December 2013

A resource analyst says he expects to see modest rises to commodity prices in 2014. David Lennox from the wealth management firm Fat Prophets says China’s economic growth should remain stable next year, providing a demand for Australian mining exports, and pushing up commodity prices.
He believes growth in the US economy will also create a positive trend in the market, but warns that could also push up the US dollar. “We do see perhaps some headwinds in terms of the US currency as the US economy does start to improve,” he said………………………………………..Full Article: Source


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