Is China’s anti-corruption campaign responsible for global commodities...
Commodities came under severe pressure yesterday, in part driven by some negative news out of China, the world’s largest single consumer of natural resources. CRB Commodity Index (Bloomberg) The...
View ArticleWhat’s causing sharp declines in crude oil prices? Visit ND lately? – Sober Look
Staying with the theme of bearish sentiment in commodity markets, crude oil came under severe pressure recently. Based on today’s data, US crude inventory actually declined last week, surprising some...
View ArticleJapan rewarded for launching the currency war – Sober Look
Japan’s “Merchandise Trade” exports surprised to the upside this morning. All of a sudden Japan’s export activity is picking up steam. Source: Econoday Furthermore, Japan just overtook China as the...
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