Energy, Iron Ore, Precious Metals Suffered Losses in 2015 but Some Have Bottomed

As a barometer of the global economy, the commodities market is painting a pretty dismal picture.

Slowing growth in China and supply surpluses driven by investment during the commodities boom of the Noughties have sent prices to multi-year lows.

But while prices are unlikely to recover to the peaks seen earlier this century, some major classes may have hit the bottom, with experts predicting moderate upticks in 2016.


This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.