02.12.2010 - Commodities rise to two-week high on ‘accelerating’ economies
From Bloomberg: Commodities jumped to a two-week high as U.S. private-sector job growth and expanding Chinese and European manufacturing bolstered optimism in the global economy. The Reuters/Jefferies CRB Index of 19 raw materials jumped 2.5 percent to settle at 308.91 at 5:34 p.m. New York time, the highest level since Nov. 12. Grains and industrial prices led the rally. Wheat soared as much as 7.9 percent, and cotton rose more than 3 percent. Copper gained the most in almost four weeks and crude oil added 3.1 percent..............................................Full Article: Source
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