Comment on Commodity Gains on Yuan May Be 'Knee-Jerk' Move, StanChart Says - BusinessWeek

Commodity Gains on Yuan May Be 'Knee-Jerk' Move, StanChart Says - BusinessWeek

Globe and MailCommodity Gains on Yuan May Be 'Knee-Jerk' Move, StanChart SaysBusinessWeekJune 22 (Bloomberg) -- The biggest jump in commodities in a week after China signaled it will relax the yuan's peg to the dollar is a “knee-jerk” reaction and investors should focus on prospects for slower growth, Standard Chartered Bank said.

 

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