| 19.08.2011 - When it comes to commodities markets, it's all about China |
| Commodity markets lost more than $16 billion in value during last week’s selloff, Reuters reported. Equity and commodity markets plunged as growing anxiety over the global economic outlook spurred a flight to safe-haven bonds. The drop in prices wiped out $16 billion in value, mainly due to oil prices dropping 6 percent and investors losing $7.3 billion on paper, the report said..............................................Full Article: Source |