Commodities: Hanging In There For Now

Commodity markets are currently testing a number of key support levels and with technical indicators still generally in oversold territory, we continue to see some room for a short-term bounce. Beyond the short-term, the broader macroeconomic outlook provides cause for concern. Should risk appetite continue to retrench in the coming weeks and equity markets embark on a sustained correction, commodity markets would undoubtedly follow

To read the full article, please choose one of the following options: