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Commodities’ recent rally lacks demand

Posted on 26 March 2009

From WSJ: Some positive numbers are starting to emerge amid the bleak economic picture, giving commodities investors some hope that they are approaching the end of an eight-month rout.

Sentiment has turned positive recently, triggered by the Federal Reserve’s decision to further ease credit. Oil, copper and cotton all have moved up sharply in the past week, a long-awaited break from the vicious slump starting last summer……Full Article: Source


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VRS - who has written 38538 posts on Opalesque Commodities Briefing.


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