26th October 2011
Deutsche Bank has secured its strongest ever performance in commodities trading in the third quarter of the year, it has been revealed.
The company announced its Q3 report and showed that despite massive falls in some commodities over the last three months the firm has been able to weather this crisis well, reporting its best ever July to August period, Reuters reports.
"Commodities delivered its best third-quarter revenues ever, driven by good performances in precious metals, oil and gas," the report noted.
The positive news from Deutsche Bank is in stark contrast to many of its rivals, with poor figures being seen across the banking sector as a result of the market's volatility.
Meanwhile, the strength of global commodities has also proved fruitful in other areas, with the Japanese Nikkei showing renewed strength due to positive outcomes in commodities trading over recent days.
The index rose by 1.9 per cent on Monday (October 24th) as strong manufacturing output figures in China also helped to strengthen markets.
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