24.07.2012 - Why further easing may not save commodities
Commodities bulls betting on further easing from major central banks to revive sagging prices may be setting themselves up for disappointment. According to commodities analyst Dominic Schnider, loosening monetary policy may release more liquidity into financial markets but that’s not going to be the main driver of prices. Global demand continues to be the key driver of the natural resources sector, and as long as appetite from China – the world’s biggest consumer – remains weak, prices will remain soft...............................................Full Article: Source
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