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Europe debt crisis unlikely to halt commodities, Barclays says

Posted on 30 November 2010

From Bloomberg: Europe’s sovereign-debt crisis poses little threat to rising commodity prices unless the situation deteriorates, Barclays Capital said. “The southern European sovereign-debt crisis would have to take a severe turn for the worse to derail a commodity-price uptrend,” analysts Kevin Norrish and Roxana Mohammadian Molina said.
“The latest events repeat a pattern seen several times this year where commodities fell prey to macroeconomic and financial market problems left over from the credit crisis, only to recover robustly.”………………………………………Full Article: Source


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