I don't really know why materials reported well but got hammered, but I would guess looking at the numbers that it's all about the dollar level. The Euro has been knocked down @ 11% against the dollar since May — more than 2% per month. Heavy weather;, no exotic explanations required.
October 31st, 2014 at 4:45 pm
I don't really know why materials reported well but got hammered, but I would guess looking at the numbers that it's all about the dollar level. The Euro has been knocked down @ 11% against the dollar since May — more than 2% per month. Heavy weather;, no exotic explanations required.