Signs of Demand Destruction

This week Real Vision’s Roger Hirst uses best in class data to look at whether recent weakness in some commodities are signs that demand destruction is starting to appear. Copper has been breaking down and crude oil has pulled back from the highs, but are financial conditions yet tight enough to bring inflation under control? An additional risk is the uncertainty around the Bank of Japan, which appears to have supercharged its loose monetary policy. Is that sustainable?