Weekly Fundamentals – Commodities Declined amidst Limited Impacts from Geopolitical Tensions

With the impacts of geopolitical tensions taking a backseat, investors returned their focus on fundamentals and the macroeconomic outlook. The biggest topic last week was the FOMC meeting which came largely in line with expectations. The Fed continued to taper by another US$ 10B in July. Policymakers generally acknowledged rebound in the economy in 2Q14.

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Weekly Fundamentals – Commodities Declined amidst Limited Impacts from Geopolitical Tensions