Goldman Sachs: A Super Cycle of Commodities in The Cards

Published: Mar 22, 2023 11:23
Source: SMM
According to news on March 21, the head of commodities at investment bank Goldman Sachs expects capital flight from China and the energy market and investment sector this month will drive a commodity super cycle after the banking industry raised concerns.

According to news on March 21, the head of commodities at investment bank Goldman Sachs expects capital flight from China and the energy market and investment sector this month will drive a commodity super cycle after the banking industry raised concerns.

"As losses mount, they spill over into commodities," Jeff Currie, Goldman's global head of commodities, told the Financial Times at the Commodities Global Summit on Tuesday.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
US-Iran Tensions Rise: Trump Considers Military Action, Deploys B-1 Bombers Amid Congressional Debate
Jul 24, 2026 09:41
US-Iran Tensions Rise: Trump Considers Military Action, Deploys B-1 Bombers Amid Congressional Debate
Read More
US-Iran Tensions Rise: Trump Considers Military Action, Deploys B-1 Bombers Amid Congressional Debate
US-Iran Tensions Rise: Trump Considers Military Action, Deploys B-1 Bombers Amid Congressional Debate
[SMM Precious Metal Express] US-Iran conflict escalates further: Trump stated he is "seriously considering" restarting large-scale military operations against Iran and is nearing a decision, with Iranian funds to be used to compensate for vessel damages. The US has deployed B-1 bombers to escalate attacks. The House passed another resolution calling for an end to hostilities, while the Senate blocked a similar measure.
Jul 24, 2026 09:41
US Initial Jobless Claims Fall to 187,000, Below Expectations, Showing Strong Labor Market
Jul 24, 2026 09:41
US Initial Jobless Claims Fall to 187,000, Below Expectations, Showing Strong Labor Market
Read More
US Initial Jobless Claims Fall to 187,000, Below Expectations, Showing Strong Labor Market
US Initial Jobless Claims Fall to 187,000, Below Expectations, Showing Strong Labor Market
[SMM Precious Metal Express] US initial jobless claims for the week ending July 18 came in at 187,000, well below the expected 212,000, indicating continued strength in the labor market.
Jul 24, 2026 09:41
ECB Holds Rates, Warns of Energy-Driven Inflation Risks Ahead
Jul 24, 2026 09:40
ECB Holds Rates, Warns of Energy-Driven Inflation Risks Ahead
Read More
ECB Holds Rates, Warns of Energy-Driven Inflation Risks Ahead
ECB Holds Rates, Warns of Energy-Driven Inflation Risks Ahead
[SMM Precious Metal Express] The European Central Bank kept its three key interest rates unchanged, in line with expectations. The statement noted that the full impact of the energy shock on inflation has yet to materialize, with Lagarde warning that the longer energy prices stay elevated, the greater the risk of second-round effects on broader inflation. Some Governing Council members reportedly argued for an immediate hike but agreed to wait for more data in September. Markets have nearly fully priced in two more rate hikes by year-end.
Jul 24, 2026 09:40
Goldman Sachs: A Super Cycle of Commodities in The Cards - Shanghai Metals Market (SMM)