Fed reviewing bank trading in physical commodities

This story over the weekend (Reuters version) could have a very significant impact on a variety of financial markets. Obviously the commodity markets will be affected, as indeed will the equity markets through the impact on the bank’s bottom line. The FX markets will be indirectly affected but I think we will have to wait and see what the reaction will be.

Leave a Reply

Your email address will not be published. Required fields are marked *