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?
Risk watchdog had been bullish towards the agricultural complex for some time, but last week’s barrage of data from the US Department of Agriculture (USDA) has proved a bit of a game changer. Specifically, while still optimistic on the outlook for soft commodities such as coffee, cocoa and sugar, me and my colleagues here at… [Read more]
We revisit the theme of China’s procurement of natural resources on a massive scale, and its impact on commodity markets. Matt Mirecki and Cedric Chehab discuss the sustainability of Chinese strategic stockpiling of metals and grains in light of persisting over-capacity in the economy. Cedric further explains why his outlook for the general commodity complex… [Read more]
As I write this, several key equity markets look set to fly. Regular readers of Business Monitor Online and BMI‘s weekly Emerging Markets Monitor magazine will know that my colleagues and I have been mentioning the 8,850 level for the Dow Jones. A break above this point could see global equities really fly, which of… [Read more]
