02.01.2015 - Commodities to stay volatile in 2015 on strong dollar
Commodities capped the biggest annual loss since the global financial crisis in 2008, retreating for a record fourth year, as a global glut spurred a rout in oil prices and a stronger dollar cut the allure of raw materials. The Bloomberg Commodity Index, which tracks 22 products from crude to copper, ended 1.7% lower at 104.3285 points on Wednesday, after dropping as much as 1.8% to the lowest since March 2009 earlier. It lost 17% last year, with crude, gasoline and heating oil the biggest decliners. The fourth year of losses was the longest run since at least 1991...............................................Full Article: Source
Print