Commodities market decreased
Commodities were lower in February as renewed uncertainty weighed on markets. Nelson Louie, Global Head of Commodities in Credit Suisse's Asset Management business, said macroeconomic factors were mixed for February, though ultimately acted as a headwind for Commodities.
Christopher Burton, Senior Portfolio Manager for the Credit Suisse Total Commodity Return Strategy, added, "The rate of global growth remains a key to commodity performance. As evidenced in February, headline risk will continue to play a role in short-term commodity market movements. Commodities could benefit from a rebound in global growth along with continued low interest rates. Commodities have historically tended to outperform during periods of higher than expected inflation.