SEB report: Commodities markets unstable but stimulus imminent

7/31/2019 SEB report: Commodities markets unstable but stimulus imminent

1/20

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3/20

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4/20

1

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5/20

6

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JXDFSGb}klhjfJXDFSCfbqhjg khl

22>25>2=>

21>

26>20>

27>23>

28>

5>>52>

55>

5=>51>

56>

i ` d b d i i b } k j a

Gb}klhjf 5>>7$5>22 bpg*Gb}klhjf 5>25

Ah}qhllbqf vfl khl 5>>7$5>22 bpg*

Ah}qhllbqf vfl khl 5>25

V] jbqvubl gb} ~uhmf}V] jbqvubl gb} ~uhmf}V] jbqvubl gb} ~uhmf}V] jbqvubl gb} ~uhmf}#JXDFS, !+DDEqv, `ukjq dkjqc, wffolx mlk}hjg(

V] jbqvubl gb}V] jbqvubl gb}V] jbqvubl gb}V] jbqvubl gb} `vqvuf} mvupf`vqvuf} mvupf`vqvuf} mvupf`vqvuf} mvupf#JXDFS, !+DDEqv(

25=160738

2>22252=

2126

5 > > 5

5 > > =

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5 > > 6

5 > > 0

5 > > 7

5 > > 3

5 > > 8

5 > 2 >

5 > 2 2

5 > 2 5

5,>>

5,56

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=,>>

=,56

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1,>>

1,56

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5

k o q $ 2 5

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i v j $ 2

=

k o q $ 2 =

` f e $ 2 1

i v j $ 2

1

k o q $ 2 1

` f e $ 2 6

i v j $ 2

6

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0

25$>1$>6

25$>6$>325$>0$>3

Mcbuq ]kvumf}9 Elkkdefug, ]FE M kddkahqx Uf}fbumc


6/20

0

Mkddkahqhf} Dkjqclx

Jkuahm ~kwfu

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wchlf mkbl `fll 3& avuhjg qcf }bdf ~fuhka* Qcf jkudbl}fb}kjbl mkdehjbqhkj k` chgc hj`lkw `ukd dflqhjg }jkwbja lkwfu mkj}vd~qhkj }fjq ~uhmf} lkwfu blkjg qcffjqhuf mvupf* Wcbq lhqqlf }v~~kuq qcfuf wb}, `kllkwhjg bmkv~lf k` wffo} k` aux wfbqcfu bja ufph}hkj wkuo kj}fpfubl jvmlfbu ufbmqku} efjf`hqfa qcf }~kq dbuofq bja~ukd~q mvupf* Hj Dbx, Mbl$2= lk}q 6*6& qk qubaf mvuufjqlxbq FVU =0*5>+DWc wchlf R=$25 lk}q 3*=& qk qubaf~uf}fjqlx bq FVU 57*7>+DWc* Qch} efbuh}c qufja cb}mkjqhjvfa }k bu qch} dkjqc*

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Jkuahm ~kwfu ~uhmfJkuahm ~kwfu ~uhmfJkuahm ~kwfu ~uhmfJkuahm ~kwfu ~uhmf#Jkua ^kkl, +DWc, `ukjq rvbuqfu, wffolx mlk}hjg(

5>

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=6

1>

16

6>

66

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5>56=>=61>166>660>067>763>368>86

5 > > 0

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5 > 2 2

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6

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5 > 2 5



7/20

7

Mkddkahqhf} Dkjqclx

Hjav}quhbl dfqbl}

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Mk~~fuJhmoflBlvdhjhvdYhjmLfbaQhj

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8/20

3

Mkddkahqhf} Dkjqclx

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#wffolx abqb( Bq mvuufjq ~uhmf} }dflqfu mb~bmhqx mlk}vuf} buf lhoflx qk

mkjqhjvf wkulawhaf*

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LDF blvdhjhvd hjpfjqkuhf} buf afmufb}hjg }lkwlx evqufdbhj jfbu ufmkua chgc} uf~kuqfa fbulhfu qch} xfbu* >

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66>>>>>

5 > > 5

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5 > 2 5

2>>>

256>

26>>

276>

5>>>

556>

56>>

576>

=>>>

=56>

=6>>LDF hjpfjqkuh} #q, lfq bsh}(

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>

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2>>>

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1>>>

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22>>>LDF hjpfjqkuh} #q, lfq bsh}(


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>

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>

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56>>>

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9/20

8

Mkddkahqhf} Dkjqclx

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kpfu~ukavmqhkj bja hjmufb}hjg hjpfjqkuhf} bja qcf

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>

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5 > > 8

5 > 2 >

5 > 2 2

5 > 2 5

6>>

2>>>

26>>

5>>>

56>>

=>>>

=6>>

1>>>

16>>



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>

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2=>>LDF hjpfjqkuh} #q, lfq bsh}(


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10/20

2>

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11/20

22

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12/20

25

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13/20

2=

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14/20

21

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15/20

26

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16/20

20

Mkddkahqhf} Dkjqclx

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17/20

27

Mkddkahqhf} Dkjqclx

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18/20

23

Mkddkahqhf} Dkjqclx

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SEB report: Commodities markets unstable but stimulus imminent

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Transcript of SEB report: Commodities markets unstable but stimulus imminent