01.10.2015 - Bad quarter for stocks; dire one for commodities
The third quarter has been a bad one for global markets, with a rout in commodities putting the asset class among the hardest hit by China slowdown fears and U.S. interest rate uncertainty. Copper prices plunged to a six-year low earlier this week, while Brent crude oil prices were on course for a 23 percent fall during the period. "We've pushed raw materials down so far, we must be getting to the point where they start to base out," Marc Ostwald, a strategist at ADM Investor Services, told CNBC..............................................Full Article: Source
Print