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Commodities Briefing - Categorized | Market Moves, Price Watch more

Commodity Prices Just Can’t Seem To Stay Up

Posted on 28 July 2016

Oil prices dropped to a five month low yesterday with the apparent culprit being oversupply. Commodity prices, in general, have also tended to move in the same direction as oil prices, reflecting a feeling that there will be no real pickup in prices anytime soon.
Fed vice-chair Fischer has argued that oil and commodity prices would rebound to a much higher level and help to get inflation back up to the Fed’s target. Financial markets don’t seem to support Fischer’s assessment of the price outlook………………………………………..Full Article: Source


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