Analysis On Fixed Income, Fx & Equity Markets

Having held a positive short-term view on markets throughout January, we are now turning cautious. Following strong gains since the start of the year, many markets look overextended... 2012-01-23

BMI View: Favourable weather, coupled with a larger area planted, form the basis of our forecast for another strong year of rice output in 2011/12.We forecast rice production to grow... 2012-01-23

BMI View: In our December oil price outlook we highlighted two factors that dominated the oil market during the course of 2011. Firstly, repeated production outages coupled with the... 2012-01-20

Tensions across the Middle East are once again rising, following repeated claims by the Iranian regime that they will seek to close the Strait of Hormuz in retaliation for the latest... 2012-01-09

We retain a modestly positive bias towards commodities in January. After dramatic losses in Q411, prices could regain some poise as sentiment recovers slightly from the bearish extremes... 2012-01-06

We expect the recent rise in front-month CBOT wheat prices to become constrained in January. Since reaching a nadir in mid-November at around USc570/bushel, prices have showed steady... 2012-01-04

Although the medium-term outlook is weak, we are currently short-term neutral industrial commodities such as oil and base metals. Moreover, there are signs that the modest rally that... 2012-01-03

The short-term outlook for metal markets is modestly positive and we highlight aluminium and nickel. Both metals have declined particularly sharply since mid-2011 and with risky assets... 2011-12-28

Gold looks weak on a short-term basis and we see room for a move down to the US$1,525/oz area, 7.0% below current levels. Though longer-term gold charts are deteriorating, we still... 2011-12-14

Our below consensus view on Chinese growth is gaining credence and here we take lay out the implications for commodity markets, particularly industrial metals. While a collapse in metal... 2011-12-08