This chapter explores the recent decline in commodities prices, particularly focusing on the drop in bullish investments from fund managers in copper and corn. The downturn is primarily driven by decreased demand from China and increased production in key agricultural regions, alongside the influence of the strong US dollar and stock market volatility.
UK chancellor Rachel Reeves begins a three-day visit to New York and Toronto on Monday in an attempt to sell Britain as “a stable place to do business,” asset managers fret as high-yield savings and caution over market volatility have left up to $1.5tn out of the market, commodity bulls’ dash for the exit sends prices tumbling.
Mentioned in this podcast:
UK chancellor to court investors in visit to New York
EU capitals set to back tariffs on Chinese electric cars, trade chief says
Commodity bulls’ dash for the exit sends prices tumbling
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Read a transcript of this episode on FT.com
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