23.10.2015 - Canadian commodities are fluctuating, expert says
Commodities have taken a wild ride since the 2008 financial crisis, bobbing under the forces of supply, demand and international economic uncertainty. Canadians can expect commodity prices to remain down for the foreseeable future, with a gradual rebound for different commodities over the next two to three years, said Patricia Mohr, vice-president, economics and commodity market specialist, Scotiabank. Emerging economies such as China have been driving demand for oil and metals, and led to a rapid rise in 2011 of the Scotiabank Commodity Price Index, even while the U.S. remained in recession, notes Mohr...............................................Full Article: Source
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