Weekly Fundamentals - Commodities Slumped as China Raised RRR, Threathened to Impose Price Caps

Along with other risky assets, commodity prices were pressured last week. All commodity indices declined during the week with CRB index, GSCI Commodity index and DJ/UBS Commodity losing -5.75%, -6.31% and -5.61% respectively. The market was influenced by macroeconomic developments including a potential bailout for Ireland, acceleration in tightening measures in China and effectiveness of Fed's QE.

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Weekly Fundamentals - Commodities Slumped as China Raised RRR, Threathened to Impose Price Caps