16.09.2011 - Goldman sticks with oil, copper forecasts as risks climb
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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