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Commodities Briefing - Categorized | Market Moves, Trading more

Can commodities maintain their Midas touch?

Posted on 27 July 2016

Commodities have been on a tear this year. Led by gold, the commodity complex emerged as the best performing asset class of the second quarter and first half of 2016, according to Citigroup. The Wall Street bank expects the strong performance of commodities to continue this quarter and through to the end of the year, as investors continue to show interest in commodity-based investment funds.
“This is in stark contrast to the last two years, during which time commodities sold off during the second half, leading the asset group to be the worst performing (asset class) compared with equities and debt securities,” the bank said in a recent report………………………………………..Full Article: Source


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