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Commodities tumble as gloom spreads

Published Sun, Nov 15, 2015 · 09:50 PM

London

COMMODITY markets took a tumble last week on the strong dollar and Chinese demand fears, with major lows for copper, gold, crude oil and zinc.

The prices of many raw materials were hit by concerns over flagging demand arising from weak economic growth in key consumer China.

"What we have seen lately is that market concerns about US monetary tightening, dollar strength and China's slowdown trump concerns about tightening supply-side fundamentals," said UniCredit analysts …

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Companies & Markets

Companies & Markets

Commodities tumble as gloom spreads

KEYWORDS IN THIS ARTICLE

Companies & Markets

Euro at highest to yen since 2008, markets nervy over Tokyo stepping in

Apac Realty enters the Philippines with franchise agreement

Aztech Global Q1 net profit up 18.7% to S$16 million on foreign exchange gains, write-backs

UPS profit beats estimates as cost cuts offset weak delivery demand

PepsiCo beats quarterly revenue estimates on price hikes, steady demand

General Motors beats quarterly results targets, raises forecast

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