Negative base view but still neutral on commodity prices
PublicationNatural resources
1 minute read
We have downgraded our forecasts for global economic growth. We now expect a global monetary easing cycle to take shape, starting in US before too long.
Co-author: Hans van Cleef
The changes reflect that we take a more negative view on the way the trade conflict will evolve over the coming months. This should weigh on commodity prices.