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Podcast: WorldWide Markets with Simon Brown
Episode: The looming commodity cliff (#581)
Description: Commodity Market Analysis Oil prices are on the rise, currently trading around $89 per barrel, indicating both demand and supply factors at play. Factors affecting oil prices include supply disruptions from Russia and Saudi Arabia's production cuts through OPEC+. Concerns about inflation are reflected in the rising price of gold, which is currently trading at all-time highs above $2300 per ounce. Despite uncertainty, inflation is not expected to decrease soon, especially with increasing energy costs Discussion on the delayed rate cuts by the US Federal Reserve and the global outlook on inflation. Implications of Goldfield's...