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Epsilon Capital Management Economy Reviews: Global commodities fall, traders worry Cyprus crisis


LONDON: Many global commodity markets fell this week as traders worried that the Cyprus situation would reignite the eurozone's sovereign debt crisis and dent global demand for raw materials. However, precious metal gold won ground as many investors sought a safe place to park their cash.
"Gold prices have firmed as events in Cyprus have unfolded this week, but the base metals complex and oil prices have come under pressure," said Barclays analyst Suki Cooper.

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  • pokhknotpokhknot

    Demand and supply is what a market economy is controlled of. Everything is determined by demand and supply, from price of goods down to services. Market economy can sometimes face problems of recession and depression and in such a situation the government must provide help for companies which are facing a problem.