HY Markets Last Week's Market Review - Commodities: Category: Metal Market |
Commodities – Oil, corn, coffee and base metals like copper, along with many other commodities, posted sharp gains on Friday, lifted by a revision to US growth that was not as severe as anticipated and following comments by Fed chief Bernanke that calmed fears of double-dip recession. But not all markets were cheered by the glimmer of positive news in each of the big economic items for the day. Gold, for example, trimmed early gains after Federal Reserve chairman Ben Bernanke said the Fed was...
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Posted by Hymarkets on August 30, 2010 at 02:00 PM |
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