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Volatile markets end 2020 strong with vaccines, stimulus in sight - Vimarsana News

Volatile markets end 2020 strong with vaccines, stimulus in sight

Volatile markets end 2020 strong with vaccines, stimulus in sight By Naveen Thukral and Gavin Maguire FILE PHOTO: A fisherman rows his dinghy past oil refineries near port terminals in Singapore SINGAPORE (Reuters) -Global commodity markets ended 2020 on a strong note, with recovering demand and widespread stimulus packages buoying prices after a roller coaster ride caused by the global coronavirus pandemic. Rollouts of vaccines to combat the virus and trillions of dollars’ in fiscal support are expected to boost investment and spending in 2021, spurring demand for raw materials fro...

Source: metro.us
COMMODITIES -Volatile markets end 2020 strong with vaccines, stimulus in sight - Vimarsana News

COMMODITIES -Volatile markets end 2020 strong with vaccines, stimulus in sight

12/31/2020 * Spot Asian LNG leads 2020 commods gains, up more than 140% * Oil has more than doubled from decade lows in April * Chinese demand boom drives copper, base metals higher * Corn, beans on track for strongest annual gains since 2010 By Naveen Thukral and Gavin Maguire SINGAPORE, Dec 31 (Reuters) - Global commodity markets ended 2020 on a strong note, with recovering demand and widespread stimulus packages buoying prices after a roller coaster ride caused by the global coronavirus pandemic. Rollouts of vaccines to combat the virus and trillions of dollars' in fiscal support ar...