27.02.2014 - Commodities rip higher. Good news?
Commodity markets have rallied sharply over the past month. That could be good or bad. Good if it signals a recovery in the global economy. Bad if it’s mostly a result of Chinese financial speculation. The Dow Jones-UBS Commodities Index has rallied 7% since mid-January and is now at the highest level it’s been since the end of last April. Indeed, the one-month rally is the strongest since the summer of 2012, when the euro crisis was finally broken by European Central Bank President Mario Draghi’s promise to do “whatever it takes” to rescue the single currency...............................................Full Article: Source
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