Gas and electricity in Europe remain in tension, but everything else collapses: commodities indices have fallen by more than 20% from the highs of June, mainly driven by copper and industrial metals, but the rally in wheat has also stopped and oil is under $ 100 a barrel
by Sissi Bellomo
—(Aldeca Productions – stock.adobe.com)
The rush in commodity prices seemed endless. But at any moment the wind changed, starting to blow in the opposite direction. It is a downward wind, which has risen unexpectedly and which in a short time has gained intensity to the point of even wiping out the alarm for the war in Ukraine and the sanctions against Russia, becoming even stronger than that wind than in 2008. closed another cycle of record price rises by heralding the storm of the Great Global Recession.
And from …
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