03.06.2013 - What next for commodity markets? Will there be gains? How will USD, gold behave?
The Bank also expects USD rally in the second half of 2013 with its economists providing for a EUR/USD forecast of 1.23 for one year. The bank states that in the context of this happening, a broad based rally in commodities would be few and far between. The year so far has seen commodities under-performing equities. Dollar strength is enduring and investors in general are disenchanted with commodities. Now, will these underlying structural trends continue to take commodities down? Barclays seem to have an answer...............................................Full Article: Source
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