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In the context of recent commodity price hikes, the financialisation of commodity derivative markets, reflected in the …
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This paper explores the role of speculation and economy fundamentals in the oil market using a two-component GARCH …
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In this paper we analyse the relative importance of fundamental and speculative demand on oil futures price levels and …. We use the model to study the interaction between the oil futures price, volatility, developments in underlying …, high uncertainty about future oil demand, and the oil price deviation from fundamentals or the price trend is small, we …
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factors shows that speculation effect is stronger than demand- and supply-side shocks for short term price spikes. Overall … international food prices and proposed solutions to the crisis. These studies have covered global as well as local food price … dynamics and policy reactions. The food price problem is, however, far-reaching, and its impacts are wide and interrelated. The …
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its effects on commodity prices and the fundamental roles of these markets, i.e. price discovery and price risk management … traders, price discovery and hedging. The analysis builds on interviews with different types of market participants and … investors are widely believed to increase the likelihood of excessive short term price fluctuations and commercial traders take …
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