Thursday 31 May 2012

Commodity Tips and updates... 1-June-2012

Commodity Markets: Gold - Silver -Crude-Copper -Nickle

Commodity updates: 30-May-2012
 


Forex Global Capital 's Chief Market Stratejist Peter Magwayr Naimaks that the crude oil could fall by 81-82 dollars a barrel. U.S. dollar will remain strong due to the weakness in commodity prices. Just take time to return to the boom in commodities.
According to Peter Magwayr Copper will also declined. But agro-commodities such as sugar are expected to come strong. There is no scope for the energy sector and Brent crude up to $ 96 can be broken up.

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