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

Is the commodities boom over?

Posted on 22 October 2008

From Indexuniverse.com: Since peaking in early, July commodity prices have plunged by more than 25% as measured by the Dow Jones-AIG Commodity Index.

The main catalyst for the decline was a sharp fall in the oil price following weaker-than-expected U.S. and European economic data as well as continued indications of weakness in global auto sales and gasoline consumption….. Full Article: Source


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This post was written by:

VRS - who has written 36995 posts on Opalesque Commodities Briefing.


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