31 Jul 2015
Commodities, commodities, commodities - Westpac
FXStreet (Guatemala) - Sean Callow, analyst at Westpac noted the commodity sector's action overnight.
Key Quotes:
"Spot iron ore (MBI) snapped its 3 day winning streak with a modest -0.5% dip to $55.64/tonne. Brent crude oil edged down -0.1% to $53.31/bbl while COMEX copper slid -1.3%. Gold was quite volatile at times, finally steadying late NY around $1089/oz, -0.7% over the day."
Key Quotes:
"Spot iron ore (MBI) snapped its 3 day winning streak with a modest -0.5% dip to $55.64/tonne. Brent crude oil edged down -0.1% to $53.31/bbl while COMEX copper slid -1.3%. Gold was quite volatile at times, finally steadying late NY around $1089/oz, -0.7% over the day."