| A senior official from the UN Conference on Trade and Development (Unctad) has said that Unctad is in the process of quantifying the effects of finacialisation and speculation in commodity markets, as Unctad research has found a direct correlation between these elements.
Heiner Flassbeck, director of the division on globalisation and development strategies, Unctad, said: “If you have the kind of cross-market correlations that we find over a very long period of time, and they are absolutely stable, then you cannot argue anymore that the commodity prices are driven by supply and demand...............................................Full Article: Source
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