Commodities Overview

Commodities Weekly Wrap

26 October, 2018

Commodities caught up in market jitters

Concerns about the outlook for demand, amid sharp declines in global equity prices, are weighing on the prices of most commodities. Even the oil market, which has been focussed on supply issues for much of this year, has woken up to the risk of slower growth in consumption. Perhaps not surprisingly, precious metals have been holding up rather well but this may not last as we think the Fed will raise rates again at its December meeting. Indeed, if we are right and next Friday’s US employment repo

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