04.04.2012 - Commodities: What to expect in Q2, 2012
Long only commodity indices have performed strongly so far this year. However, there has been a significant divergence across the DBLCI index family. In terms of market neutral strategies, the most favourable looks to be the DB Commodity Curve Alpha index heading into Q2, 2011. Crude Oil: Oil prices are moving towards levels that lead to demand destruction. While lower natural gas and power prices are helpful, investors should adopt cautiously bearish view heading into the second quarter and recommend selling Brent backwardation...............................................Full Article: Source
Print