Apart from the equity markets, the biggest selloff has come in the commodity space. The CRB Commodity Index lost 7% last week, gold has seen a big fall from grace and so have some of the base metals as well.
In an interview with CNBC-TV18, Jonathan Barratt, the managing director of Commodity Broking Services says he finds value in crude. With all the newsflow coming out of Europe, he sees some good value in crude.
The big correction in commodities right now has a number of factors.
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