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China trumps Trump over outlook for industrial commodities: Russell

Posted on 15 November 2016

The election of Donald Trump as U.S. president has added froth to prices for metals and bulk commodities, but the real driver is, and will remain, the outlook for China. While price volatility associated with the somewhat surprising election of the brash real estate mogul was always likely, hopes for a Trump-led revival of industrial commodities and coal look way too optimistic.
Even if Trump can deliver a massive stimulus package as promised when he takes occupancy of the Oval Office in January next year, this alone would unlikely be enough to justify some of the extreme optimism now being priced into commodities……………………………………..Full Article: Source


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