Hansen: No let up in sight for commodity crunch

Commodities have faced a torrid year and there’s no let up in sight warns Saxo’s Ole Hansen. While the price of crude has stabilised this week Libya and the forthcoming OPEC meeting are keeping up the pressure. Other event risks including the ECB and FOMC meetings are also adding general commodity price pressures he says.

from Ole Hansen - Authored content https://www.tradingfloor.com/posts/hansen-no-let-up-in-sight-for-commodity-crunch-6647270?utm_medium=tf4-feed&utm_source=extract