What is the impact of terrorist attacks on the US commodity market?
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Last Update: 2001-09-13
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Source: Internet
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Author: User
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Introduction: the United States suffered the most serious terrorist attacks in human history, which shocked the whole world So how will this affect the commodity market? In fact, this event has just begun We need to pay close attention to every step of the development of the situation so as to analyze its long-term impact Traditionally, in war and chaos, goods are safe havens and can be bought That's why commodities such as gold and other metals and gasoline soared yesterday, but other commodities, that is to say, commodities with substitutes, usually fell For commodities, uncertainty is often bad, not good Some analysts have begun to predict that commodity prices will generally fall when major US exchanges reopen, as a sharp drop in stock prices in the near future will make consumers around the world purchase as little as possible But there are also those who think that once the selling price drops, commodity prices are likely to start to rise A fall in the dollar will help us commodity competitiveness Since the balance of supply and demand of wheat and forage has been quite tight in 2002 / 03, we can imagine where the price of wheat and forage will rise if there is any weather problem in the main producing countries! However, everything now depends on the further development of the situation and the response of the United States So let's try to calm down and be a spectator (author:) share to feed Weibo share to:
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