JPMorgan Chase & Co. said commodities are poised to gain in the second half of 2012 after a “weak” first quarter, with energy providing the biggest returns.
Demand for industrial commodities will decline in the coming months because of a “subdued” global growth as Europe goes into recession and China’s economy decelerates, the bank said in a report dated Dec. 16. Easing measures in China and the U.S. will help boost global growth and raw materials demand from the second quarter of 2012, according to the report...............................................Full Article: Source |