Strong demand for commodities - recap by Ole Hansen, Saxo Bank Head of Commodity Strategy Demand for commodities remains strong, with interest from hedge funds...
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Strong demand for commodities - recap by Ole Hansen, Saxo Bank Head of Commodity Strategy Demand for commodities remains strong, with interest from hedge funds and the DJ-UBS index rising to a 10-month high. Hot and dry conditions in Brazil continue to support coffee and sugar prices, with the price of Arabica rising on fears of the first shortage in many years. Silver and gold prices are continuing to see positive momentum, while crude oil stays in the black. Finally, copper has faltered as Chinese demand has dropped. (VIEW LINK)
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