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Is China's Rebalancing of Commodities Permanent?

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 13, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    As crude oil and other commodity prices have rallied over the past few weeks, some analysts have pointed to a new, resurgent age, in commodity demand out of China. However, the recent rally hides the current supply side rebalancing that is occurring within the Asian power house. October has been a watershed month for commodity markets as the weaker US economic data, along with supply cuts to metals, have provided some buoyancy to depressed prices. In particular, crude oil (WTI) has fought its

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