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Goldman Hails Global Rebound as Currie Sees Commodity Demand
LONDON (Capital Markets in Africa) – Commodities will be supported in the months ahead by a global rebound spanning the U.S., Europe, and China that’s buttressing worldwide demand for raw materials, according to Goldman Sachs Group Inc. “We’re seeing a cyclical uptick in global economic activity and that’s driving demand, not only for oil but all commodities,” Jeffrey Currie, head of commodities research, said in Hong Kong on Tuesday. “That’s the core reason why we upgraded our outlook…
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