Webinar: Commodities in a confused world
Head of Commodity Strategy
Summary: Join Saxo Head of Commodity Strategy Ole Hansen for his latest webinar as he examines the turbulence currently engulfing global markets and the potential impact on commodities, including oil, gold, copper and the under-pressure grain markets.
COT: Reversal risk looms as funds cut commodity exposure
Hedge funds kept up the selling pressure across key commodities during the week to May 14. Trade war, growth and demand fears, and ample stocks of several key agriculture commodities have been the main drivers behind the current slump.
Macro Digest: False stabilisation and trade wars
As Chinese trade war rhetoric becomes more strident the odds of a detente being reached at next month's G20 summit have shrunk to just 50/50. The upshot may be policy moves in the US and infrastructure development programmes in China.
Confusion reigns in crude oil ahead of weekly EIA report
Current very tight market conditions are keeping the risk to oil prices skewed to the upside, but this is a market with many moving and opposing parts and the picture could change very quickly. The next impulse could come from the EIA petroleum status report at 14:30 GMT.
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