20.10.2014 - Commodities haunted by demand fears as outlook darkens
Commodity markets were haunted by demand fears this week in the face of mounting global economic worries, with crude oil prices striking four-year lows and base metals also suffering heavy falls. Markets around the world have been hammered by worries about the global economy as the eurozone, China and Japan struggle to reignite growth. Those fears increased this week when data from the United States, which has been the only economy showing signs of strength, came in well below expectations. The oil market was also rocked by persistent worries over abundant supplies. OIL: Brent hit a fresh four-year low after another sharp sell-off in equities...............................................Full Article: Source
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