OptionRally is expected to release its annual expectations for the
Global Commodities sector for 2016 to its investors in the coming month.
The report presents a negative outlook for global commodities prices,
suggesting that investors should go short on commodities at this point.
“Investors are expected to see big global commodities such as oil,
natural gas, copper, sugar and coffee fall in price during the next
twelve months,” states Bryant Smith, Senior Broker at OptionRally and
one of the report’s writers.
“Commodities are on the verge of plunging for several reasons. First,
the Chinese economy is experiencing a devastating decline, keeping raw
material demand low. Second, the U.S. dollar is gaining strength driving
down the prices of all dollar-denominated commodities,” explains Smith.
“Fears over the U.S. entering into a military campaign in the Middle
East to re-establish its status following Russia’s invasion of Syria
could also lead to a steep decline in these assets,” states Smith.
With an extensive career in investment banking and financial services,
Smith has been providing professional broker services to clients,
guiding them through the complexities of the markets for the past decade.
*This item has been prepared solely for information purposes, and is not
an offer to buy or sell or a solicitation of an offer to buy or sell any
security or instrument or to participate in any particular trading
View source version on businesswire.com: http://www.businesswire.com/news/home/20151221005826/en/
Copyright Business Wire 2015
Source: Business Wire
(December 21, 2015 - 11:21 AM EST)
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