Brent crude and copper may rally as global economic growth led by emerging markets remains adequate to drive an expansion in raw-materials demand, Goldman Sachs Group Inc. said, sticking with forecasts for price gains.
“We remain constructive on commodities,” Allison Nathan, an analyst at Goldman for more than a decade, said in an interview today. Still, “risks to our bullish views have risen,” said Nathan, citing Europe’s sovereign-debt problems and a “mixed bag” of economic data from the United States..............................................Full Article: Source
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