| U.S. growth and a steadying Chinese economy are giving a boost to beaten-up commodities, slowing a multiyear slide that has weighed on Canada’s most important exports. Commodity prices have been on a downward slope for the better part of three years, as limping western economies and a slowing China curbed demand for raw materials.
More recently, however, signs of stability in key commodity-consuming regions have provided some optimism that the worst could be over. The widely watched Thomson Reuters-Jefferies CRB index of commodities has climbed 4 per cent from its recent low earlier this month. Natural gas has been a standout among commodities, surging about 25 per cent since early December...............................................Full Article: Source
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