Trump's Commodities Rally Is Almost Gone
- Commodity prices are sinking after a bullish start to 2017
- Industrial metals from nickel to copper particularly hard hit
CCLA's Bevan Sees More Noise in Metals Market
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Commodities are sinking to a five-month low, almost erasing the rally that followed Donald Trump’s surprise election win.
The selloff has been led by industrial metals and oil, two sectors that fueled raw-materials gains earlier this year on the view that faster global growth would boost demand.