Thu, Oct 2, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Commentaries, Investment, Market Moves more

Commodity markets uninspired by China spending plans

Posted on 06 March 2009

From FT: Oil prices fell and base metals were mixed as traders reacted with caution to the lack of concrete spending pledges in the new economic stimulus plans announced by China on Thursday.

“The main goal of the Chinese government announcement is to inject some confidence into markets”, said Yingxi Yu of Barclays Capital: “The comments will have a far greater impact on sentiment than on consumption, certainly for the next few months.” …. Full Article: Source


 Article link

This post was written by:

VRS - who has written 37241 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031