23.10.2015 - China’s Growth Threatens Commodities Rebound
Despite Q3 GDP beating expectations, Chinese domestic activity indicators contained worrying signs for commodities. Industrial production, fixed asset investment and electricity production all fell (year-on-year) in September. This threatens to overwhelm the positive impact the recent supply cuts have had on the sector. Industrial metals will be most impacted, with oil demand the one bright spot. As such, we remain cautious on commodity prices into year-end...............................................Full Article: Source
Print