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Commodities Briefing - Categorized | Commentaries, Commodity Crisis, Market Moves more

Rising commodities offset Wall St slide

Posted on 20 February 2009

From Reuters: Latin American stocks and bonds rose on Thursday as a rally in commodity prices offset another gloomy Wall Street trading session, which saw the benchmark Dow Jones industrial average fall to a six-year low.

Latin American stocks mostly decoupled from the U.S. market as U.S. crude oil prices CLc1 rallied 14 percent, improving the outlook for the commodity-exporting region. The price of copper, Chile’s main export, also gained more than 3 percent…… Full Article: Source


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