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Where are commodities heading?

Posted on 04 October 2016

In a year of outperformance by commodities relative to other major asset classes we see the sector retaining gains in most cases amidst prospects for generally improving fundamental balances and stable if unimpressive global growth, write analysts at Deutsche Bank.
The bank sees crude oil rebalancing after the recent OPEC ceiling announcement and maintain its 2017 brent forecast at $55 per barrel in light of a “steadily tighter progression in balances, upstream underinvestment and stable demand prospects driving a normalization of inventory in 2018.”………………………………………Full Article: Source


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