What is the main reason for the surplus in China according to the transcript?
Oil Heading Towards $90; 'Bearish' on Gold, UBS Says

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
High commodity prices
Robust demand in developed countries
Increased production in China
Decreased global supply
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected return on a broad index level for commodities?
10%
5%
20%
15%
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which factor is NOT mentioned as influencing oil prices?
Increased global demand
High inventory levels
Downward sloping futures curve
OPEC's control over output
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected price movement for nickel by the end of the year?
$30,000 a ton
$24,000 a ton
$20,000 a ton
$15,000 a ton
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected trend for the euro-dollar exchange rate?
Stable exchange rate
Dollar weakening
Euro weakening
Euro strengthening
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