ANZ Expects to See Further Downside for Metals

The video discusses the current state of global markets, focusing on the impact of supply risks, particularly in oil and gas, due to geopolitical tensions. It highlights the potential disruptions in commodity markets and the search for equilibrium in asset classes. The video also covers the volatility in nickel trading at the London Metals Exchange and the effects of COVID lockdowns in China on the construction sector and related commodities.

What is the current market perception regarding oil and gas supply disruptions?

• Markets are highly volatile with no clear direction.

• Markets are pricing in minimal disruption.

• There is a significant disruption expected.

• There is no disruption expected at all.

Which metals are mentioned as having a large share in global output by Russia?

• Gold and Silver

• Nickel and Aluminum

• Copper and Zinc

• Iron and Steel

What is expected to happen when nickel trading resumes at the London Metals Exchange?

• A significant fall in prices

• A stabilization of prices

• A significant rise in prices

• No change in prices

Which sector is expected to see a downside due to COVID lockdowns in China?

• Healthcare sector

• Agricultural sector

• Construction sector

• Technology sector

What is the main reason for the expected further downside in metal prices?

• New mining operations opening

• Eased fears of supply shocks

• Increased demand from Europe

• Rising construction activity