1 / 7

Global Commodity and Currency Markets: Trends and Drivers through 2020

This article by G. Chandrashekhar explores the dynamics of global commodity and currency markets as of December 2010. It highlights significant volatility over the past five years, spurred by growth concerns, financialization, and policy changes. Key drivers include rising demand due to global economic growth, urbanization, and changing food habits in developing regions. The piece also discusses emerging trends, monetary policy contrasts between developed and developing economies, and the implications of climate change and speculative capital on market stability.

raziya
Télécharger la présentation

Global Commodity and Currency Markets: Trends and Drivers through 2020

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Teflas’Mumbai. December 18, 2010* * * * * Global Economy – Commodity and Currency Markets G. Chandrashekhar The Hindu Business Line

  2. THE BIG PICTURE • Global commodity markets: huge volatility last five years; Growth concerns; Rabid financialisation; • Agri markets somewhat insulated • Weather and trade & tariff policy changes created volatility • Rising demand contributed

  3. Major Market Drivers thro 2020 • Global economic growth; Rising population (in developing world, esp Asia); Rising incomes (esp in currently low per capita usage countries); • Urbanisation & changing food habits (middleclass in emerging economies); • Role of technology (infotech & biotech); • Farm policies including subsidies; . . . . . . . . . . . . . . . . . . . . . . and more . . .

  4. Major Market Drivers thro 2020 • Crude prices; Biofuel policies; • Land constraints; water shortage • Global warming /Climate change • Speculative capital • And of course, weather

  5. Emerging Trends • Developing countries to drive growth in production, trade and consumption; • In short-run (2-3 years) two-speed growth – weak and hesitant recovery with high unemployment in OECD; and strong growth in large developing countries

  6. Monetary Policy – recent changes • Diametrically opposite policy followed by Developed and Developing economies; • Monetary tightening in emerging countries and easy money, low interest rate policy in developed nations; • Currency market volatility; • Currency wars? • Asian impact

  7. Thank You • G. Chandrashekhar The Hindu Business LineKasturi Building, J.Tata Road Churchgate, Mumbai 400 020 Phn: 91-22-22885593 – 22021099 email: gchandra@thehindu.co.in

More Related