Monthly Commodities Strategy: February Sees Losses For Most Sub-Asset Classes, Except Agri Softs, Rice And Oil
Commodities / Global / Thu 22 Feb, 2024
Commodities have displayed a weak performance over January-February 2024 in general, with more sub-asset classes seeing price declines in the year-to-date than not. In the main, renewed US dollar strength as markets continue to push back expectations for US Fed rate cuts has pressured commodities priced in the greenback, while positive supply