| Commodities snapped a two-day decline as the outlook for increased demand from emerging markets prompted speculation that this month's selloff was excessive. Investment spending in emerging markets is outpacing expenditures in developed economies for the first time as a surge in infrastructure supports global growth and profits.
Bulls say the expanding economy, led by China, India and Brazil, is raising demand at a time when producers from mining industry leader BHP Billiton Ltd. to oil company BP Plc can't keep up..............................................Full Article: Source |