Commodity Implosion – July 2015August 3, 2015
July was a bad month for commodities…..
Commodities turned in their worst performance in July 2015 since September 2011. The Bloomberg Commodity Index dropped roughly 10% for the month amid rising supplies and Chinese demand concerns. Investors also expect the U.S. Federal Reserve to raise interest rates later this year, which is keeping the dollar supported and weighing on commodities.