Metals Chart Pack Rising protectionism drives prices lower Fears of a trade war between China and the US and heightened geopolitical tensions weighed on most metals prices last month as investors rotated out of risky assets and into safe havens. In contrast... 4th April 2018 · 1 min read
Commodities Chart Pack Oil rises, despite trade woes Commodity prices drifted down in March, despite a relatively stable US dollar. However, given the slump in developed market equities, commodity prices held up relatively well. This was largely due to... 3rd April 2018 · 1 min read
Metals Chart Pack A mixed month for metals The prices of metals diverged last month. The prospect of a blanket tariff on US imports led to a jump in the price of US steel. At the same time, concerns about demand, notably from China, weighed on... 7th March 2018 · 1 min read
Energy Chart Pack Equity markets led, oil prices followed Energy prices were volatile in February, buffeted by equity market gyrations and changing weather forecasts. Oil prices were particularly frothy, but still slumped on the month as US production... 2nd March 2018 · 1 min read
Commodities Chart Pack Agriculturals bucked the trend Commodity prices fell sharply in the wake of the sell-off in global equity markets in late-January, but have recovered much of the lost ground. The key sub-sectors of the S&P GSCI are now close to... 1st March 2018 · 1 min read
Energy Chart Pack Winter weather and weaker dollar lift energy prices We expect the prices of most energy commodities to fall back over the next few months as the weather normalises and the dollar stabilises. Indeed, prices fell at the start of February amid a broader... 6th February 2018 · 1 min read
Metals Chart Pack Is the rally starting to fizzle out? The prices of most metals continued to make gains in the first month of 2018. The persistent depreciation of the US dollar supported the prices of all the metals, but notably that of gold. However... 5th February 2018 · 1 min read
Commodities Chart Pack Dollar weakness bolsters commodities Commodity prices trended higher in January, with all the major sub-sectors of the S&P GSCI recording gains. Energy led the way, rising by 4.5% m/m. Dollar weakness was the main driver of the rally in... 1st February 2018 · 1 min read
Metals Chart Pack Industrials outperform precious metals in 2017 The prices of most metals rallied in 2017, bolstered by strong Chinese economic growth, a weaker dollar and, in some cases, supply concerns. But, overall, industrial metals outperformed precious... 4th January 2018 · 1 min read
Energy Chart Pack A strong start to 2018 A number of temporary factors, including unusually cold winter weather and supply disruptions, gave a last-minute boost to the price of oil in 2017. Coal and LNG prices also benefitted from high... 4th January 2018 · 1 min read
Commodities Chart Pack Optimism fuels a late-year rally Commodity prices surged in December as the US dollar weakened. Looking at the sector breakdown, most sub-sectors of the S&P GSCI rose, led by industrial metals. Agriculturals were the only exception... 2nd January 2018 · 1 min read
Metals Chart Pack Metals starting to look vulnerable The prices of most metals fell in November, reflecting concerns about somewhat softer economic data out of China. The outlier was the ferrous sector, where prices surged on the prospect of Chinese... 5th December 2017 · 1 min read
Energy Chart Pack OPEC output cuts extension supports oil prices The big news last month was the announcement by OPEC and its allies that they would extend their output cuts until the end of 2018 rather than finishing them in March as had been planned. However, in... 4th December 2017 · 1 min read
Commodities Chart Pack Signs of China slowing weigh on industrials Commodity prices edged slightly higher in November on the back of a depreciation in the US dollar. Looking at the sector breakdown, most sub-sectors of the S&P GSCI moved higher. Industrial metals... 1st December 2017 · 1 min read
Energy Chart Pack Oil market counting on extension to OPEC output cuts After looking like they may have run out of steam in September, the rallies in coal and oil prices returned with a vengeance last month. Indeed, speculation about supply restrictions – by OPEC for the... 2nd November 2017 · 1 min read
Metals Chart Pack Nickel soars on positive outlook for electric vehicles The prices of most metals rose in October, despite some appreciation of the US dollar and somewhat softer economic data out of China. Optimism about future demand, notably associated with the electric... 2nd November 2017 · 1 min read
