bullish
Global FX and Commodities: Everything Everywhere All at once
SUMMARY
- Commodity markets are down despite stimulatory measures from China, with oil prices falling due to increased supply from Libya and OPEC plus alliance
- China's demand outlook for oil remains steady, with forecasts for oil demand growth unchanged despite stimulus measures
- Base metals, particularly copper, have seen a price increase due to stronger demand impulses from China, with bullish outlook and potential upside risks for the first half of 2025
This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.
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