Tag Archives: Coronavirus

26May/20

CRU: Multi Commodity Outlook

Over Q1 2020, COVID-19 has developed from an emerging threat to a transformational reality with potentially long-lasting effects on economic growth. All optimism for commodity markets at the start of the year was quickly extinguished as the coronavirus emerged in Wuhan, China. Prices have been dragged down further by dire market fundamentals which were a result of government-imposed lockdowns in the major global economies. Both supply and demand have been lowered across the board, but demand has been harder hit and will be slower to make a recovery. Most commodities have further to fall from here. There has been a profound human cost to the pandemic and the economic fallout of governments’ responses is just starting to be counted. Read more

04May/20

Zillow Forecasts a Dip in Home Prices, Rebounding By Next Year

Buyer demand and healthy housing-market dynamics will prevent U.S. home prices from dropping more than 2-3% — or more than 1.7% year over year — in the wake of the coronavirus, according to a forecast released today by Zillow®. Read more