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Determine whether each scenario could have a bearish (lower prices), bullish (raise prices), or neutral impact on the commodity price. 1. Global Economy - The
Determine whether each scenario could have a "bearish" (lower prices), "bullish" (raise prices), or neutral impact on the commodity price.
1. Global Economy - The European Central Bank (ECB) loans money to a struggling Greece. And, China sees a large increase in exported goods.
2. Currency - The US Dollar traded lower against the British Pound and Japanese Yen today.
3. Geo-Political Situations - ISIS has attacked and destroyed an oil refinery in Iraq while Saudi Arabia continues to increase the supply at lower price.
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