Rural Commodities Wrap – October 2013

Global bond yields fell in September from the US Fed surprise decision not to initiate the tapering of its quantitative easing program. Meanwhile, commodity markets weakened further. The strong pace in the economic recovery in big advanced economies evident in the first half of the year

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  • Global bond yields fell in September from the US Fed surprise decision not to initiate the tapering of its quantitative easing program. Meanwhile, commodity markets weakened further.
  • The strong pace in the economic recovery in big advanced economies evident in the first half of the year has lost some sizzle in the latest data, despite more positive business surveys in the US and Japan.
  • Within Australia, business and consumer confidence rose to more robust levels in September and forward indicators and capacity utilisation from the NAB survey also improved.

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