Strong Dollar Threatens Demand For Industrial Metals ...Middle East

OILPRICE - Economy
Strong Dollar Threatens Demand For Industrial Metals
source : OILPRICE ( Middle East ) () 23
Via AG Metal Miner Experts agree that a global recession is now a foregone conclusion. Though they continue to argue about the potential extent of the damage and which countries may evade repercussions, few see any way to avoid a downturn. As usual, one of the first markets to react to the growing concern is industrial metals. Back on September 6, the Financial Times was sounding the alarm on industrial metals. At the time, the S&P GSCI had just witnessed a crushing descent from March highs. In fact, the index had largely risen since the beginning…

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