Tuesday, September 22, 2009

Recovery, Dollar Buoy Commodity Prices, Morgan Stanley Says

Commodity prices may be supported in the medium-to-long term on a recovery in the global economy, a weak dollar and investment demand, Wang Qing, chief greater China economist at Morgan Stanley Asia, said today.

The recovery, while “tepid” at the moment, may gain momentum through 2013 and bolster energy and metals, which are closely related to growth, Wang said at a forum in Shanghai.

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ad0JkjT21eP0

The Other commodity news's links:
Sugar May Climb Through 30 Cents by Year-End, StanChart Says

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aPoprlgZOwUE

Gold Investing May Gain From Equity Flight, ETFS Says

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a2A6.76IUexQ

China Said to Consider Buying Gold From IMF, Market News Says

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aklIw7I0Di8k

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