HomeBusinessChemical Industry & Commodity Stock NewsChina's Stimulus Reversing Recent "Drag on Global Economy"

China's Stimulus Reversing Recent "Drag on Global Economy"

Arlan Suderman points to the Fed's rate cut, but also China's stimulus boost as key drivers in the commodity markets. Suderman says the market is starting to focus on additional 75bps of cuts from the Fed in 2024, which could in turn lead to even more stimulus spending from China. He and Tom White examine this week's economic data as well as the recent price activity in Crude Oil (/CL) and Gold (/GC).

Futures

25 Sep 2024

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