Currencies And Commodities: Hedging Upside Risks
ECB President Christine Lagarde highlighted how much upside in commodity prices was a risk to both their economic growth and inflation projections. Commodity supply has become a far more important component of the net balance picture, which investors should incorporate into their investment decisions. On the oil demand side of the equation, robust summer air travel, power generation use, and petrochemical demand in China have kept consumption near record levels.
