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Commodities: Lower for longer - oil to stay below $100 until 2020

Saxo Bank's Head of Commodity Strategy Ole Hansen with his weekly update on the commodity markets and he has a bold prediction: oil to remain below USD 100 until 2020. 


Gold could be about to rally around the time of a Fed rate hike, in the event of mixed messages from Janet Yellen argues Ole who also talks us through the Copper rally this week.

Grains have seen volatility in the markets this week and harvest means there's more to come, according to Ole.

Plus there's a trade tip for Copper, which could be near the top of the current range. 

     

04:07 minutes
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