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Commodities: Mixed performance as peak rates gather momentum
Oil markets await the upcoming OPEC decision with the expectation to another production cut to bolster favourable conditions for oil markets. We also discuss the diverging performance across many commodities in November including coffee up 8% and US natural gas down 25% as the peak rate narrative sets in, with Ole S Hansen and Peter Garnry.
Read daily in-depth market updates from the Saxo Market Call and the SaxoStrats here.
Click here to open an account with Saxo
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By SaxoStrats
4.9
103103 ratings
Oil markets await the upcoming OPEC decision with the expectation to another production cut to bolster favourable conditions for oil markets. We also discuss the diverging performance across many commodities in November including coffee up 8% and US natural gas down 25% as the peak rate narrative sets in, with Ole S Hansen and Peter Garnry.
Read daily in-depth market updates from the Saxo Market Call and the SaxoStrats here.
Click here to open an account with Saxo
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