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March unlikely to repeat Feb commodities’ surge

Posted on 03 March 2014

February was a strong month for commodities, with the broad-based DJ-UBS Commodity index returning more than 5 per cent. This was more than the S&P 500 Index, which reached even a new record high thereby moving in the opposite direction of bond yields and the macro data. Some of the major themes and factors behind this performance were:
Adverse weather in Brazil and the US supporting multiple commodities from coffee and sugar to soybeans and WTI Crude. Concerns that growth in the world’s two biggest commodity consuming nations, US and China, are losing momentum………………………………………..Full Article: Source


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


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