FW: [Maybank] Commodity Come-Back?

 

 

GBL: Commodity Come-Back? Global Markets Daily by Saktiandi Supaat FX Research Commodity prices were broadly firmer with strong gains seen in industrial metals, agriculture and crude oil. Brent rose more than 6% MTD to above $64/bbl, levels not seen in more than 2 years amid corruption purge and hopes of extension of OPEC production cuts. LME Week in London last week was focused on electric vehicles. Demand for electric vehicles could spur strong demand for industrial metals such as copper, nickel, lithium and cobalt. On FX, USD was mixed overnight – firm against EUR but.. Saktiandi Supaat    (65) 6320 1379    saktiandi@maybank.com.sg Christopher Wong    (65) 6320 1347    wongkl@maybank.com.sg Disclaimer This message is intended only for the use of the person to whom it is expressly addressed and may contain information that is confidential and legally privileged. If you are not the intended recipient, you are hereby notified that any use, reliance on, reference to, review, disclosure or copying of the message and the information it contains for any purpose is prohibited. If you have received this message in error, please notify the sender by return e-mail immediately and delete all its contents. If you wish to read Disclaimer in details, please click HERE. To unsubscribe or change preference settings, please click here to contact your representative.