Video Transcript
There are three important things when I think about commodities influencing the markets currently. First is the U.S./China trade dispute. Second is global central banks, which have shifted aggressively towards easing as a supporting factor, and lastly, it is the direction of the U.S. dollar, which has been relatively range-bound this year but strong. Those are the three things that are most important when I think about macro influences for the outlook for commodities.
Implications on Demand
So when we think about really trade wars and the trade