30.12.2013 - Commodities: A better looking 2014?
ANZ expect most commodity markets to improve in 2014 after an average 8% decline in 2013. The performances will be skewed with improving global growth over the next 12 months offset by rising supply and high stockpile positions. The important Chinese market will stabilise according to ANZ, which should reset an overly-cautious view on the key commodity consuming economy. Investment funds positions are also likely to be rebuilt, but rising US interest rates will prove to be a headwind and create volatile trading conditions in the first half of the year...............................................Full Article: Source
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