28.12.2015 - Commodities: No Rebound in Sight
The commodities malaise of 2015 will continue in the new year. Precious and industrial metals will probably fall further in the first half of 2016, pressured by rising global supply, weak Chinese demand, and an appreciating dollar. Prices of precious metals dropped more than 11% in 2015, and industrial metals lost more than a quarter of their value, pummeled by the strength of the dollar and concerns of a slowdown in China, the world’s largest consumer of commodities, as global production continues to rise. Investors and analysts expect prices to remain constrained in 2016, given that supply cuts will be required to balance the market and demand growth from China will probably remain sluggish...............................................Full Article: Source
Print