# A different take on commodities

An episode of [Under the Banyan Tree by HSBC Global Research](https://invisiblenetwork.ai/podcast/1702829388), 5 Dec 2024, 17 min.

Audio: https://sphinx.acast.com/p/open/s/64db93c01796c400110e0ce3/e/675146155ec5df2b9773b73d/media.mp3

With moves in commodities largely chalked up to the 'Trump trade', Fred Neumann asks Chief Economist for Global Commodities, Paul Bloxham, if there's more to the story that just US policy. For more content from HSBC Global Research, follow us on LinkedIn: #HSBCResearch. And don't forget to follow our global podcast "The Macro Brief" on Apple Podcasts or Spotify or wherever you get your podcasts. Email us at AskResearch@hsbc.com for any questions. Disclosures and Disclaimers: https://www.research.hsbc.com/R/101/tQGNtVQ Hosted on Acast. See acast.com/privacy for more information.

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