Commodities Post Longest Run of Weekly Gains Since 1996 – Bloomberg 02-01-13

Salient to Investors:

Peter Sorrentino at Huntington Asset Advisors is positive on commodities going forward as investors are pumping in money and growth expectations for China are starting to rise.

Nic Johnson at Pimco said the rally will continue in 2013 on improving growth prospects, which should reinforce inflows .

Copper traders are the most bullish in 15 months.

Daniel Briesemann at Commerzbank sees at least moderate growth in the US in 2013, and U.S. stimulus will raise commodity prices. Briesemann said China’s economy is definitely gaining momentum and will be the main driver.

Read the full article at http://www.bloomberg.com/news/2013-02-01/commodities-set-for-longest-run-of-weekly-gains-since-96.html

 

Free email alerts of articles as soon as they are posted.