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Commodities rally in April, but will it last?

Posted on 04 May 2016

The S&P Goldman Sachs Commodity Index (GSCI) recorded its best performing month for a year and the second best April on record. The index is up 15.5% since 29th February 2016, marking the biggest consecutive two months in almost seven years since May-June 2009 when it gained 20.4%.
According to data from S&P Dow Jones Indices, the Dow Jones Commodity Index and S&P GSCI total return indices also saw positive performances with gains of 9.1% and 10.1%, respectively. However, the rally could be short lived, proving hard to sustain as a result of poor fundamentals underpinning the commodities………………………………………..Full Article: Source


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