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Commodities

Source: Financial Times, 17th November 2010

Commodities stand corrected. Indices of industrial metals and agricultural prices have dropped more than 10 per cent in a matter of days, while precious metals have sold off sharply. After the impressive ramp in their prices over the preceding two months, induced by expectations of new liquidity from the Federal Reserve, a correction seems natural enough. But the threat of Chinese price controls could be more than a mere correction.



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