Commodities Overview

Commodities Weekly Wrap

13 October, 2017

All eyes on China

The more industrial commodities have had a good week, which was vindicated to some extent on Friday by data showing a surge in China’s commodity imports in September. Meanwhile, the minutes from the Fed’s FOMC meeting, published on Wednesday, seemed to support our view that the Fed will hike rates again this year. Fed officials acknowledged the low level of core inflation, but the majority appeared to think that it need not be a factor preventing monetary tightening.

Attention will be focussed

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