| Commodity prices have been on a roll lately, but investors shouldn’t get too excited over the rally, say analysts. Although the BMO Capital Markets Commodity Price Index rose 4.6 per cent in April and BMO analysts expect another solid showing this month, they pointed out crude oil played a big part in the increase and cast doubts on further gains.
“With WTI up around 12% month-to-date in May, the index is primed for another energetic jump this month,” the analysts said. “Further out, we continue to expect a subdued recovery in commodity prices given tepid global growth and rising supply in key markets.”..............................................Full Article: Source
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