11.09.2014 - Commodities send worrying signal
Bulls of growth-focused assets may care to consider some signals from the commodity sector. Early on Wednesday, Brent crude dropped below $99 a barrel for the first time since May 2013; Tokyo-traded rubber prices hit a five-year trough; China-based steel rebar futures for January delivery hit a contract low; and, before recovering into the close, the Dalian Commodity Exchange’s January iron ore price also fell to a record low. These are products with a high sensitivity to perceived industrial and construction activity in China, source of a high proportion of expected global growth...............................................Full Article: Source
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