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home / news releases / USOI - Global Growth Gains Spur Resources In Q2


USOI - Global Growth Gains Spur Resources In Q2

2024-07-27 05:10:00 ET

Summary

  • Commodities, led by metals and energy, rose during the quarter amid a constructive environment fueled by signs of global growth and tight market conditions based on supply and demand fundamentals.
  • We remain constructive on the outlook for commodities and resource equities heading into the second half of 2024.
  • For now, inflation remains relatively persistent, and the likelihood of lower rates would be a net positive for commodities and emerging markets.

Commodities, led by metals and energy, rose during the quarter amid a constructive environment fueled by signs of global growth and tight market conditions based on supply and demand fundamentals. ...

For further details see:

Global Growth Gains Spur Resources In Q2

Stock Information

Company Name: Credit Suisse X-Links Crude Oil Shares Covered Call ETN
Stock Symbol: USOI
Market: NASDAQ

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