Com­modi­ties mar­ket de­creased

The Pak Banker - - COMPANIES/BOSS -

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.

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