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Capital Economics argues that monetary easing by central banks will not be enough to lift commodity prices. The note was published on 7 June 2019 and its body text is not included in the source.
If easing does not lift demand, commodity prices may stay range-bound, limiting the upside for feed input costs from macro policy alone.
capitaleconomics.comCapital Economics EconomistJun 7, 2019After 4,478 past macro events, DXY moved a median +0.0% over 5 sessions (51% higher; middle half -0.4% to +0.5%), and +0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
