11.03.2015 - China’s Weak Economy, Dollar Strength Dim Commodities Rebound
Hopes for a rebound in commodity prices after Asia’s Lunar New Year holiday period have proved short-lived with copper, aluminum, iron ore and gold back near multimonth lows, thanks to a slump in Chinese imports and the dollar’s continuing strength. “It is a little bit of everything that is clouding the outlook for commodities,” says Helen Lau, Hong Kong-based metals and mining analyst with Argonaut Securities. “It will take more time for prices to rebound and probably the biggest driver on the horizon could be a monetary easing in China,” she added...............................................Full Article: Source
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