Skip to main content

More upside for gold than oil?

Concerns about the impact of Fed tapering on commodity markets have eased somewhat, partly because of the growing recognition that US monetary policy is likely to remain very loose, and partly because of a greater emphasis on the improving economic data that justify a scaling back of asset purchases in the first place. But with oil prices moving further into the danger zone, the global recovery remains on shaky ground.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.

By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.