20.01.2016 - Everyone hates commodities
Commodities have no friends at the moment. From energy to softs to base and precious metals, prices have been hammered almost unilaterally across the board, weighed down by a combination of a strengthening US dollar, increased supply, tepid demand and, as a consequence, mounting disinflationary pressures. The paragraph below, from Macquarie Bank's commodity analyst team, is reflective of the broader investor mood when it comes to commodity markets - they hate them. The world simply hates commodities at the moment. Prices keep on falling, producers are in a battle for survival and, more worryingly, demand isn’t reacting that positively as of yet...............................................Full Article: Source
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