Virus Epidemic Causes Citigroup to Slash Commodity Forecasts

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Bloomberg reports that commodity forecasts have been slashed by Citigroup, as a consequence of the coronavirus.

Feb.06 — Citigroup Inc. slashed its price forecasts for commodities from oil to copper and iron ore as it said the impact of the coronavirus looks much worse than it initially thought. Bloomberg’s Alix Steel talks with Ed Morse, the global head of commodities research at Citigroup.

Bloomberg

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