Gold Is Still an Excellent Diversifier: UBS Global WM

The video discusses the outlook for the Aussie dollar, influenced by factors like iron ore prices and interest rate spreads. It examines the impact of infrastructure spending on commodities, with a focus on China. The oil market is analyzed, considering demand uncertainties and OPEC compliance. Finally, the video explores gold price trends, influenced by real interest rates and Federal Reserve policies.

What is the expected trading range for the Australian dollar over the next six months?

• 60 to 65

• 80 to 85

• 70 to 75

• 75 to 80

Which factor is NOT mentioned as influencing the Australian dollar's movement?

• Australian tourism

• Iron ore prices

• U.S. dollar strength

• Interest rate spread

How is increased infrastructure spending expected to affect Australia's current account?

• It will have no impact.

• It will create a large deficit.

• It will lead to a small deficit.

• It will increase the surplus significantly.

What is the main concern affecting the oil market according to the video?

• OPEC's production levels

• Demand uncertainty due to COVID-19

• U.S. oil production increase

• New oil discoveries

What is the expected impact of a COVID-19 vaccine on the oil market?

• Increase in oil demand

• Decrease in oil prices

• Immediate oversupply

• No change in the market

Which factor is NOT mentioned as influencing gold prices?

• Real interest rates

• U.S. election outcome

• Global oil prices

• Federal Reserve policies

What role does gold play in a portfolio according to the video?

• A primary growth asset

• A diversifier against uncertainties

• A short-term trading tool

• A risky investment