06.05.2016 - Commodity rebound pits Citigroup v Goldman
Commodity bulls, it might finally be time to exhale. There's a growing chorus of voices and a surge of investor money signalling the worst of the commodity slump is over. Leading the pack is Citigroup, the bank that was ahead of the game back in 2012 when analysts declared the end of the super cycle of rising demand and prices. Now, the bank expects a weaker US dollar and China's stabilising economy mean most markets have reached their bottoms. Raw materials are on the brink of a bull market, after five straight years of price declines fuelled by slowing Chinese demand and global surpluses for most metals, grains and energy products...............................................Full Article: Source
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