Momentum in commodity markets slips after huge gains
The main threat to a renewed rally is the latest series of lockdowns in Asia to curb spiking Covid-19 cases
17 May 2021 - 08:20
Stocks are set to start the week firmer in Asia, as easing commodity prices and slightly softer US data allay investor concerns about excessive inflation.
Futures rose in Japan, Australia and Hong Kong. The main threat to a renewed rally is the latest series of lockdowns in the region to curb spiking coronavirus cases. US futures edged higher. Stocks ended in the green Friday after gathering price pressures pushed equity markets globally to their worst weekly loss since February...
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