Commodities Overview

Commodities Weekly Wrap

7 September, 2018

Little to cheer in commodities markets

The prices of most commodities fell this week on persistent concerns about the negative impact of rising protectionism on demand. A softer unofficial August China manufacturing PMI reading on Monday was particularly worrying news for industrial metals as China is by far the largest consumer. Meanwhile, there was little reaction in commodities markets to the strong US non-farm payrolls number on Friday as a September Fed rate hike is now largely priced in.

Looking ahead to next week, the directio

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