| The stark fall in oil and commodity prices in recent times has caused the stock market to sink into a ‘tailspin’ of uncertainty, but a stabilisation of the price of many commodities, and consequently of stock markets as a whole, may be imminent according to Brenda Kelly, lead analyst at London Capital Group.
She remarked, ‘The selloff in commodities has been extreme and in many respects exacerbated by a rising US dollar as well as the general concerns over global growth. It’s a well-known fact that China has been attempting to focus more on its domestic sector rather than manufacturing and exports and thus the PMI outlook for that particular sector would be expected to contract. ..............................................Full Article: Source
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