Earthquakes and civil war have spooked global commodity markets in the past month, according to Emerald. Over the past month, the US Department of Agriculture (USDA) stocks and acreage report the commodity markets has been influenced by external macrofactors more than anything else. The Japanese earthquake and subsequent nuclear problems as well as the ongoing unrest in Libya and surrounding Middle East countries, resulted in traders removing a lot of exposure and risk in the market, which ultimately pushed prices lower.
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