SCOREBOARD: Commodities puzzler

Commodities remain outlying underperformers in an otherwise strong market, while inflation forecasters gear up for debate.

Well once again it seems that equities have managed to push higher and in some cases by a good margin, with the S&P500 up 0.9 per cent and the Nasdaq up 1.3 per cent, athough the Dow was only 0.1 per cent higher. Things were admittedly a little more mixed in Europe but not bad overall, with the Dax down -0.2 per cent, the CaC up 1.5 per cent and the FTSE 0.7 per cent higher.

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