Global Commodities Strategy - Monthly Roundup
Commodities / Global / Thu 25 May, 2017
The outlook for commodity prices over the rest of 2017 remains neutral, with the exception of oil and grains, towards which we are more positive. Over a two-year horizon, we remain broadly constructive on commodities and expect prices to grind higher, driven by oil, non-ferrous metals, gold and agricultural commodities. We expect commodities to