If the slowdown in Chinese growth, which turned to its weakest pace in 25 years, scored the first nail in the coffin of the commodity super cycle, the Federal Reserve is about to crash last.
The first increase of interest rate in the US since 2006, is expected next month, it is possible to push the dollar by about 9 percent against a basket of 10 major currencies this year.
This only adds an additional burden on goods mainly for prices in dollars by reducing the purchasing power of global buyers of raw materials and making other assets that generate income such as bonds and shares.
E.Dimitrov JrTrader
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