Quarterly Outlook
Commodity Outlook: Commodities rally despite global uncertainty
Ole Hansen
Head of Commodity Strategy
Global Head of Macro Strategy
Summary: The RBA’s Lowe caved on his former optimism in a speech overnight and we wake up to a crushed Aussie. Elsewhere, the yen also came back overnight, following US Treasury strength and it all feels like a bit of a theme shift toward risk-off.
Commodity Outlook: Commodities rally despite global uncertainty