LONDON (Commodity Online): A stronger dollar and a weak economic outlook from the International Monetary Fund (IMF) has triggered a round of corrections in metals which so far has affected silver and copper.
Meanwhile in energy, brent crude continues to perform and has seen its momentum turn positive again following increased unrest in the Middle East and supply issues related to North Sea deliveries. This has helped to slow down the negative momentum in WTI crude.
Corn has finally turned positive again ahead of Thursday's World Agricultural Supply and Demand Estimates (WASDE) which is generally viewed to be supportive for corn as supplies continue to dwindle.