After a volatile year and a seemingly robust start to 2012, Mark Schaltuper, Head of Europe Country Risk & Financial Markets, asked Business Monitor’s Commodities team what the outlook for commodities is for the remainder of the year. John Davies, Ed Coughlan and Ophelie Buchet share their views on the upside potential for the commodity… [Read more]
Platinum prices are precariously placed and look set to remain weak over the short term as demand continues to soften on the back of a recession in the eurozone, according to Business Monitor Online’s Commodities Service. Whilst palladium is looking stronger on a technical basis, we are not outright bullish on it either. Indeed, over… [Read more]
Despite signs that a last-minute agreement on raising the US debt ceiling will be reached before today’s deadline, Risk Watchdog remains neutral commodity markets. This is due to the view that other macro headwinds will keep commodity prices in check over H211. In this environment, gold should continue outperforming. Although a short-term rally is possible… [Read more]
Although I remain bullish gold prices, and believe that it could bounce off support around US$1,300/oz, the dynamics that have been underpinning gold of late are starting to wane somewhat, which may pose downside risks to prices. First, the strengthening of the global economy, with the outlooks for the US and Germany improving significantly in… [Read more]
Commodity markets should remain choppy as we head into an important period that could determine short-term direction for the US dollar. There are several potential fundamental triggers for a dollar comeback in the coming days, including the US midterm congressional elections on November 2 and the announcement on November 3 following the Federal Reserve’s meeting…. [Read more]
The technicals and fundamentals are starting to align for a major correction in global markets. Terry Alexander, Head of Global Research at Business Monitor, joins Mark Schaltuper to discuss some of the key views on the markets.
This week Mark Schaltuper is joined by Cedric Chehab, Head of Commodities Research at BMI, to discuss the outlook for the commodity complex. With macroeconomic headwinds in the making, how will cyclical commodities perform relative to grains and softs, and what are the risks of gold forming a bubble?
