13.10.2008 - Commodity prices at mercy of world economy
From Reuters: Further declines in oil and metals prices after coordinated global interest rate cuts suggest that commodities will not return to their giddy heights until the world economy is on more solid footing. Wednesday's performance also undermines the theory that commodities move independently of other markets. This argument made sense on days when oil and metals prices rose and equities fell but becomes less meaningful when they slump together in the current financial crisis...... Full Article: Source
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