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August 17, 2008
Futures markets swung wildly, however, and closed with a fall that helped push the Reuters/Jefferies CRB Index down as much as 2.5 per cent on Friday, as a stronger dollar diminished the appeal of commodities as a hedge against inflation. Crude oil headed for a second weekly decline, cooling demand for alternative fuel.
Among London-listed ETFs the week’s winners, according to UK broker Killik, were Short ETCs (exchange traded commodities), a type of ETF that allows investors...
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