23.03.2012 - Commodities fall on worries about global economy
Most commodity prices fell Thursday after new reports signaled economic slowdowns in China and Europe, creating fresh worry that global demand could moderate. Metals, oil and some agricultural crops all finished lower. Palladium took the biggest hit, ending the session down 5.5 percent. A Chinese manufacturing index compiled by HSBC was the latest in a series of reports indicating slower growth in the world's second-largest economy. The index declined to 48.1 in March from 49.6 in February. Figures below 50 indicate that manufacturing is contracting...............................................Full Article: Source
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