Commodities Update What next for oil prices? Despite this week’s partial recovery, we continue to expect the price of a barrel of Brent crude to drop back below $90 by the end of the year, as global demand slows, the Middle East risk premium... 27th May 2011 · 1 min read
Commodities Update China Flash PMI (May) The steady deceleration in China’s economy signalled by the flash PMI today supports our view that the current weakness of commodity prices – industrial metals in particular – is fully consistent with... 23rd May 2011 · 1 min read
Commodities Update What will the end of QE2 mean for commodities? The conclusion of the Fed’s second round of Treasury purchases may remove one reason for commodity prices to rise but it is not necessarily a good reason for them to fall. However, there are many... 19th May 2011 · 1 min read
Commodities Update China's commodity demand to disappoint Expectations that buoyant Chinese demand will drive commodity prices ever higher have been looking increasingly shaky. For a start, China’s imports of many key commodities have actually been falling... 17th May 2011 · 1 min read
Commodities Update Aluminium prices heading back towards $2,000 The price of aluminium has already fallen by around 7% this month, from the cyclical high of nearly $2,800 to around $2,600 per tonne, as part of the global commodity rout. We expect further... 12th May 2011 · 1 min read
