‘Financialisation’ of commodities markets in reverse, says Canada’s Lane

bankofcanada

Timothy Lane, a deputy governor of the Bank of Canada, said on September 25 that global deleveraging of banks is likely to be diminishing the links between the financial system and commodities markets.

Speaking to Calgary's CFA Society, Lane said the ‘financialisation' of commodities in recent years was in danger of being reversed as banks and investors withdraw from the markets.

Banks have been lending less to commodities traders and reducing their market-making activities, Lane said. For

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: