viernes, 16 de diciembre de 2011

Cash replacing commodities ahead of year-end

More Ole Hansen, 7 hours ago16 December 2011 Non-Independent Investment Research

The major commodity indices followed stocks lower this week, posting their biggest drop in nearly three months, as investors increasingly moved into cash with the two major investment markets - oil and gold - both suffering heavy losses. The dollar meanwhile moved to an 11-month high against the Euro, as funding stress among European banks increased, thereby eroding support for commodities priced in dollars.

 

No hay comentarios:

Publicar un comentario