Commodities Overview

Commodities Weekly Wrap

9 June, 2017

Investor sentiment continues to sour

Oil prices fell again this week on persistent concerns that the market remains oversupplied. Most metals prices also slipped, despite China’s May trade data showing robust growth in commodity imports. Meanwhile, and perhaps surprisingly, the price of gold failed to benefit from safe-haven demand in the wake of the uncertainty created by the UK’s inconclusive election result on Friday.

Looking ahead, the market’s focus will be on the outcome of the Fed’s FOMC meeting, which concludes o

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