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Metal prices or a correction in early 2011
by:AAA
2020-04-24
(
Industry news]
Metal prices, or at the beginning of this year a correction sanewcable P on days of reports, mf global (
全球曼氏金融)
Analyst Ed Meir on Wednesday (
Month)
Said that despite the recent metals more extended gains, but as the financial markets return to normal after the holiday, the price of the metal or a mild callback in the next two weeks.
Meir said: 'investors to evaluate the economic situation is likely to be years, but they might not like to see the estimated.
'Global macroeconomic environment is better than two years ago, but still faces many difficulties, especially the rise in commodity prices drive emerging market inflation, especially in Asia.
Asian governments are focus on inflation, but the action of the Chinese government seems to be slower.
Although China's nominal interest rate and the official inflation, but the food price rise to nearly %.
Meir warned: 'if the commodity prices unfettered, demand will damage, substitute for people, in turn, will be looking for goods, goods suppliers will make a positive response, this is not a commodity investors happy.
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