UBS's Schnider Sees Higher Commodity Prices in 2019

The video discusses the current market slowdown and its potential resolution, focusing on commodities like oil and base metals. It highlights the role of OPEC in rebalancing the oil market and the impact of trade concerns on base metals. The global economic outlook remains stable, with moderate growth expected. China's trade data shows a decline in imports, but underlying commodity demand remains strong, suggesting a positive outlook for the asset class.

What is the expected impact of OPEC's supply cut on the oil market?

• It will have no effect on the market.

• It will help rebalance the market.

• It will cause a decrease in oil prices.

• It will lead to a surplus in the market.

Why might the market for base metals see a rise in prices?

• Because of falling inventories.

• Due to an increase in supply.

• Owing to a decrease in demand.

• Because of stable trade conditions.

What is a key factor that might prevent stellar returns in precious metals?

• A significant cut from the Fed.

• Massive dollar weakness.

• Moderate economic growth.

• High inflation rates.

How has Chinese demand for commodities like soy and iron ore changed recently?

• It has remained stable.

• It has increased significantly.

• It has shown unpredictable fluctuations.

• It has fallen annually for the first time in a while.

What is the expected growth rate for China's crude oil intake this year?

• No growth

• Mid single-digit growth

• 10% growth

• Double-digit decline