| The commodity space was pressured lower on Tuesday as worries regarding weak growth in the Eurozone and Asia continued to filter through all asset classes. Concerns regarding excessive US dollar strength going forward seemed to be a common ‘talking-point’ in markets.
So much so that US Treasury Secretary Jack Lew told his audience at a speech delivered at the Petersen Institute that the US cannot be the world’s only growth engine. It was against that backdrop that front-month West Texas crude futures fell $1.6 to $88.85 per barrel on the NYMEX. Three-month copper futures were also lower, finishing the session down 0.6% to $6,670 per metric tonne on the LME...............................................Full Article: Source
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