Tobias Merath, head of Commodity and Alternative Investments Research at Credit Suisse, says market conditions for commodities remain challenging.In late June, prices sold-off following a period of stabilization.
The broad-based commodity indices are all down year-to-date. We think a rebound is possible in some markets but would not expect a broad move higher. Instead, leading economic indicators suggest that investors should remain cautious for now. In order to assess the outlook for commodity markets, we mainly look at three factors: cycle, valuation and technical analysis. On the cyclical side, there is currently not much impetus...............................................Full Article: Source
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