14.07.2015 - Barclays Is Negative About Commodities in Q3.
Barclays see the greatest upside potential in the commodity area for Copper. In a research report revealed today, 12 July 2015, Barclays has shared its negative outlook for commodities in Q3. On April 20, Barclays announced plans to to exit most of its commodities activities which is in line with the negative expectations revealed. Commodities revenue at the 10 largest banks fell 18 percent last year amid reduced volatility, Coalition, a London-based analytics company, said in February. At the same time, regulators are concerned that lenders might control prices if they both own and trade raw materials, or suffer losses that would endanger the financial system. Deutsche Bank AG and Bank of America Corp. are exiting some commodities activities, while JPMorgan and Morgan Stanley are selling units...............................................Full Article: Source
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