22.05.2014 - Commodities in the spotlight as Ukraine crisis cranks up
Commodities markets reacted violently—a spike and a drop—to the escalation of the conflict in Ukraine because of Russia’s dominant role as a commodities producer, but most of the “Russia commodities” including oil, gas, gold and nickel have returned to their pre-crisis level, indicating that other factors such as the weakening of the Chinese economy are playing a bigger role in the markets at present. Given the volatility in commodities prices since the beginning of the year and the ever bubbling crisis in the Ukraine, it is no surprise that investors in commodities remain unnerved. Clearly, investment managers are keeping a close eye on the geopolitical morass of the Ukraine crisis, remaining at the ready should any major change occur.............................................Full Article: Source
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