Commodity Update – CS,Commerz,Nomura,etc.. 14th Nov13

Here a group of reports on the commodity asset class. They have badly under performed as an asset class from mid 2011.

UBS have turned bullish due to a renewal in weakness for the US$ (they believe) and the out performance of the cyclical themes.

The dollar basket monetary issue is key, i believe, until we get Asian/China revival on the demand side.

Here an excellent overall review by the CS team.

CS-commodities-12-11-13

Here a nice technical analysis set of charts from the commerz team

Commerz-commoditiestech-12-11-13

Here commerz on the tech charts for the commodity currencies.

commerz-wklycommodityfx-13-11-13

Here CS and Commerz & Nomura technical comments on the Bullion markets.

Commerz-Bullionwkly-12-11-13

CS-Bullion-07-11-13

Nomura-bulliontech-12-11-13

Many more reports to come later today.

Rich