Commodities Chart Pack Still too soon to turn positive Oil prices dipped in September despite the attacks on Saudi Aramco. In contrast, the prices of most other commodities increased owing to a rise in investor risk appetite. However, we expect US... 1st October 2019 · 7 mins read
Energy Chart Pack Natural gas demand to prove resilient Oil prices continued to fall last month on concerns about a slowing global economy and rising US-China protectionism, but we expect them to stabilise in the coming months given supply constraints. In... 6th September 2019 · 6 mins read
Metals Chart Pack Demand concerns to continue driving prices We expect worries about the escalating US-China trade war and prospects for the global economy to continue to drive metals prices in the coming months. Precious metals are benefitting from the... 6th September 2019 · 7 mins read
Commodities Chart Pack US-China trade war to continue to weigh on prices The escalation in US-China trade tensions led to investors becoming more risk averse, which boosted the prices of gold and silver but depressed the prices of agricultural and industrial commodities... 4th September 2019 · 7 mins read
Metals Chart Pack From bad to worse Despite sharp declines in recent days, we expect the prices of most industrial metals to fall further this year as demand falters in the wake of slower global economic growth. We are particularly... 6th August 2019 · 7 mins read
Energy Chart Pack More to the weakness in energy prices than trade While President Trump’s latest tariff threat has added yet more fuel to the oil market’s fears about slowing global growth, the continued malaise in the prices of coal and natural gas reflects more... 2nd August 2019 · 6 mins read
Commodities Chart Pack Subdued demand to remain a headwind With the exception of the precious metals, most commodity prices drifted lower in July on concerns about soft demand. Given our forecast of slower global economic growth in the second half of this... 31st July 2019 · 7 mins read
Energy Chart Pack Weak demand to keep a lid on oil prices Oil prices rose a little in June on a combination of escalating US-Iran tensions, signs of a truce in the US-China trade war and the expectation that OPEC+ would extend its production cuts. However... 4th July 2019 · 6 mins read
Metals Chart Pack Clouds gathering over metals demand The key themes last month were a marked decline in expectations for global growth and a dash for safe-haven assets by investors. Even the recent easing of tensions in the US-China trade dispute has... 4th July 2019 · 7 mins read
Commodities Chart Pack ‘Glass half empty’ sentiment to prevail While June was a relatively positive month for commodity prices, we think that a combination of slower global growth and waning risk appetite will lead to lower prices for energy and industrial metals... 3rd July 2019 · 7 mins read
Energy Chart Pack Oil‘s plunge makes rollover of OPEC cuts more likely Caught up in the broader sell-off in risky assets triggered by the latest escalation in trade tensions, oil prices have plunged in recent weeks, and the prices of most other energy commodities have... 6th June 2019 · 1 min read
Metals Chart Pack Risk aversion is another headwind for metals prices The recent escalation in global trade tensions and ongoing weakness in the world economy have led to a sell-off in risky assets, including most industrial metals. In contrast, the price of gold has... 6th June 2019 · 1 min read
Commodities Chart Pack Risk aversion looks here to stay After plunging in May, we expect the prices of most energy and industrial commodities to remain subdued in 2019 on the back of slower global growth and a rise in investor risk aversion. Grains may be... 4th June 2019 · 1 min read
Energy Chart Pack Oil supply fears fading fast The price of oil rose a little last month owing in part to supply concerns regarding the US decision to end sanction waivers on Iran’s oil exports. We now expect Iran’s output to fall further and have... 9th May 2019 · 1 min read
Metals Chart Pack China weakness to weigh on prices regardless of trade The prices of most industrial metals fell over the past month, and were hit particularly hard in recent days by downbeat Chinese manufacturing surveys, and US-China trade talks taking a turn for the... 8th May 2019 · 1 min read
Commodities Chart Pack A US-China trade deal could lift commodity prices The prices of oil and iron ore made further gains in April owing to continued supply-side concerns, but the prices of most other commodities fell. Indeed, we also expect iron ore and oil prices to... 2nd May 2019 · 1 min read
