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Politics : Welcome to Slider's Dugout

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From: SliderOnTheBlack1/5/2009 12:25:03 PM
13 Recommendations  Read Replies (2) of 50356
 
Heads up:Commodity index rebalancing...

From the Financial Times:

"In financial terms, we expect the rebalancing to have the
greatest impact in gold, COMEX copper, crude oil, and live
cattle.

We estimate that the rebalancing of the two indices is expected
to result in $877 million of selling in gold, $699 million of
buying in COMEX copper, $528 million of selling in live cattle,
and $523 million of buying in crude oil."

For the full story...

ftalphaville.ft.com
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