SCOREBOARD: Hot commodities

Commodities rallied for a second day on the back of rising demand and positive unemployment numbers in the US.

Here we go again – commodities, people! This looks to be day two of what is a strong rally and I’ll be honest in stating I’m still at a loss as to why it's occurring now. Yes, commodities were oversold, but they’ve been oversold for a while. There is chatter, bits and pieces such as gasoline demand in the US picking up, but then last week it was supplies that fell... Sell!

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