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Commodity Markets Fight Off Geopolitical Concerns

Posted on 08 August 2014

The market has fought off geopolitical concerns with the brent crude oil price falling to the lowest level this year. The risk that new sanctions on Russia will constrain the country’s exports of energy, metals and grains is likely to be a latent concern in commodity markets for as long as the conflict goes on.
The global economic recovery is gaining traction. Growth in the Chinese economy has accelerated recently and the US recovery is strengthening. We are therefore optimistic on behalf of the global economy and expect growth above 4% next year………………………………………..Full Article: Source


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