Commodities Chart Pack Commodities on a tear October was another strong month for the prices of industrial metals and oil as optimism about demand prevailed while prospects for supply deteriorated. We are more cautious, however. There are now... 1st November 2017 · 1 min read
Metals Chart Pack Hold on to your hard hats! The prices of most metals fell in September as a rising US dollar and upward revisions to expectations of US interest rate hikes weighed on investor sentiment. Signs of somewhat softer economic... 5th October 2017 · 1 min read
Energy Chart Pack Have oil and coal prices peaked? The rallies in the prices of coal and oil look like they may have run out of steam in the last week. The prices of both had been boosted by stronger demand and supply disruptions. However, global... 4th October 2017 · 1 min read
Commodities Chart Pack Rally in oil starting to burn out Oil prices surged in September, which in turn boosted the prices of agriculturals. In contrast, concerns about demand and dollar appreciation weighed on metals prices. Looking ahead, the price of oil... 2nd October 2017 · 1 min read
Energy Chart Pack Chinese growth pushes up energy commodities The strength of the Chinese economy supported the prices of many energy commodities last month. Imports of oil, coal and LNG remained high and domestic consumption appeared to be strong. However, we... 5th September 2017 · 1 min read
Metals Chart Pack Metals on a tear, for now The prices of most metals rose in the last month. (See Chart.) Robust Chinese economic data boosted investor sentiment towards industrial metals. However, in many cases, we fear that underlying demand... 4th September 2017 · 1 min read
Commodities Chart Pack Trump and China boost metals prices Hurricane Harvey severly disrupted oil production, refining and trade in the US at the end of August. The US government was even forced to release crude supplies from its strategic reserve. Meanwhile... 1st September 2017 · 1 min read
Energy Chart Pack Oil prices lead the way up It was generally good news for energy commodities in July. Oil prices jumped as stocks in the US slumped, the market grew concerned about the possibility of sanctions on Venezuela and the dollar fell... 3rd August 2017 · 1 min read
Metals Chart Pack Metals start Q3 on a strong note A weaker US dollar and stronger Chinese economic data boosted metals prices last month. Aluminium was the only exception. (See Chart.) In most cases, industrial metals prices are now more aligned with... 2nd August 2017 · 1 min read
Commodities Chart Pack A weaker US dollar boosts commodities The prices of most commodities rose last month. In part, this was due to a weaker dollar. But stronger economic activity data for China also played a role. We think that growth in China is likely to... 1st August 2017 · 1 min read
Energy Chart Pack Have oil prices bottomed out? Oil prices fell for most of last month as rising production in the US and in some OPEC countries weighed on investor sentiment. However, falling US stocks and a slight dip in the number of US drilling... 4th July 2017 · 1 min read
Metals Chart Pack Industrials power ahead The prices of most industrial metals rose last month, supported by some weakness in the US dollar and more encouraging data out of China. Although activity there slowed in the second quarter, there... 4th July 2017 · 1 min read
Commodities Chart Pack Industrials boosted by signs of stability in China A tentative revival in China’s economic activity late in the second quarter gave a renewed lift to the prices of the more industrial metals in June. However, it failed to translate into higher... 3rd July 2017 · 1 min read
Metals Chart Pack Precious metals outperform The prices of precious metals benefitted from a weaker US dollar and heightened safe-haven demand in May. In addition, markets are pricing in only a limited Fed tightening over the next eighteen... 6th June 2017 · 1 min read
Energy Chart Pack OPEC disappoints the oil market Oil prices fell at the end of last month as OPEC disappointed markets by simply rolling over its output cuts for another nine months, rather than deepening them as well. However, this should still be... 6th June 2017 · 1 min read
Commodities Chart Pack A weaker dollar fails to lift commodities With the exception of a few agriculturals, the prices of most commodities fell last month. Markets chose to shrug off the persistent weakness in the US dollar. Instead, data showing a slowdown in... 1st June 2017 · 1 min read
