The commodity market differences

The fed's surprise, the market is "several glad several sorrow", sharp shock and commodity market, including stocks and crude oil prices fell sharply, high gold rush down. The personage inside course of study points out, in the short term because of adjacent QE cut point, before "boots" fall to the ground, the market may still swings,sch160 thick wall water pipe welded steel pipe commodity markets, in particular, performance is more apparent.

The week ending September 20, tracking package of commodity CRB index, the index of the continuation of a week before the fall, has fallen to 0.79% from 1.23%. In addition, the commodity price of crude oil, one of the "barometer" also dropped sharply in the last week in New York on nymex crude oil futures prices had fallen to 2.6%, 20, closed at $104.7 a barrel, the highest price out two weeks ago to $112.

Is considered to be the commodity contrarian indicator weaker dollar index in the near future, after the fed announced maintain purchase debt scale constant once the dollar index fell to 80.06 points,ASME Carbon Steel Welding Neck Flange almost back to its level at the beginning of this year, but then began modestly. It is worth noting that the dollar index in more than 78 points in nearly two years.

Analysts pointed out that as the market is reduced to QE and exit the expected strong, so will always suppress commodity prices, including gold. "Does not mean giving up in December to cut QE, the fed will continue to focus on economic circumstances,seamless steel pipe astm a106 gr b and some fed officials believe if positive U.S. economic data in October, not rule out the possibility of small cut QE in October." Po shing futures financial research institute assistant Cheng Xiaoyong said.

COINS also have the opposite side, for the fed to maintain loose monetary policy optimism, analysts say, even if the fed starts to gradually reduce QE size and finally quit,carbon steel pipe api 5l x60 oil pipe but its low interest rate policy in the medium term exit is not easy, because the cost of the economic recovery is not small, determined to raise interest rates is likely to derail the good momentum of economic recovery.