Demand rally seen as strong enough to withstand US rate rise

Original article by Jessica Sier
The Australian Financial Review – Page: 27 : 7-Sep-16

Cadence Capital’s Karl Siegling argues that a rise in US interest rates is likely to have only a short-term impact on the recent rebound in commodity prices. James Gerrish of Shaw & Partners notes that while the gold price is likely to be the most affected by a rate rise, the iron ore price is primarily influenced by supply and demand considerations. Siegling adds that base metal producers will be the hardest hit by a rise in US interest rates.

CORPORATES
CADENCE CAPITAL LIMITED – ASX CDT, SHAW AND PARTNERS LIMITED, UNITED STATES. FEDERAL RESERVE BOARD, MACQUARIE WEALTH MANAGEMENT, INDEPENDENCE GROUP NL – ASX IGO

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