19.04.2016 - Citigroup says commodities rout is finally over
Citigroup has called an end to the commodities rout which has sent shockwaves through the global economy, and pummelled the balance sheets of mining giants. "There is growing evidence that virtually all commodities have stared at a price bottom and are groping for a return to normal," Citigroup analysts wrote in a note. They said a lot of this will depend on the growth prospects of China, which is the world's biggest consumer of raw materials. While the end of the year looks "constructive", they flagged significant obstacles on its road to recovery...............................................Full Article: Source
Print