Commodities Overview

Commodities Weekly Wrap

16 June, 2017

The losing streak continues

It has been a poor week for most commodity prices. The Fed’s decision to hike interest rates on Wednesday weighed on the prices of gold and industrial metals. Oil prices continued to drop, partly due to concerns about weak US gasoline demand. Elsewhere, China’s May activity data showed signs of a slowdown in the construction sector and weaker investment spending.

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