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Can China’s stimulus package boost commodities?

Posted on 11 November 2008

From Commodityonline.com: Commodity prices got a little boost this morning from news that China will spend $586 billion over the next two years on infrastructure and social welfare in an effort to stimulate its economy. Overall, however, the economic outlook remains gloomy after Friday’s U.S. unemployment report showed a loss of 240,000 jobs in October.

The September 2009 eurodollars finished up .10 at a new contract high of 97.91….. Full Article: Source


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VRS - who has written 39895 posts on Opalesque Commodities Briefing.


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