Oil Heading Towards $90; 'Bearish' on Gold, UBS Says

The video discusses the surplus in China, driven by robust demand in developed countries, and its impact on commodity prices. It highlights the dynamics of the commodity market, including OPEC's control over oil prices and the expected rise in base metal prices. The nickel market is analyzed, considering demand from electric vehicles and supply improvements. The video also examines the dollar's strength, influenced by central bank policies and global economic trends.

What factors are contributing to the high prices of commodities observed in 2021?

How does the demand in the developed world influence the commodity market?

What is the expected return on a broad index level for commodities according to the speaker?

Discuss the outlook for nickel and its potential impact on the market.

What are the implications of the dollar's strength on commodity demand?