| It’s all about the dollar. Instead of focusing on supply and demand, UBS global commodities and mining strategist Julien Garran takes a different approach to analysing what is likely to determine resource prices this year.
‘Changes in FX flows have driven every major change in commodity prices for the past 30 years,’ according to Garran. Thus the recent commodity bear market has not simply been coincidental with that in emerging markets, and nor were their synchronous bull markets...............................................Full Article: Source
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