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Keep C.A.L.M. and carry on - Part 4: FX & Commodities Views
In our final podcast covering the H2 2023 market outlook, we take a look at FX and commodities. On the INR, we expect resilience given strong fundamentals and ahead of peer growth. We also expect the USD to remain range bound for the next 3 months beforr resuming its decline on a 12-month horizon. We remain neutral on gold, and have a bearish outlook on crude, expecting the WTI crude variant to stay priced at ~USD65/bbl over the next 12 months. Tune in for more.
Speaker:
Ravi Singh
Chief Investment Strategist, Standard Chartered
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By Standard Chartered IndiaIn our final podcast covering the H2 2023 market outlook, we take a look at FX and commodities. On the INR, we expect resilience given strong fundamentals and ahead of peer growth. We also expect the USD to remain range bound for the next 3 months beforr resuming its decline on a 12-month horizon. We remain neutral on gold, and have a bearish outlook on crude, expecting the WTI crude variant to stay priced at ~USD65/bbl over the next 12 months. Tune in for more.
Speaker:
Ravi Singh
Chief Investment Strategist, Standard Chartered