BIS central bankers’ speeches  5  Implications So far, I have given you a thumbnail sketch of the changing trends in the financing of commodities markets. But why do these developments matter for the world economy, and particularly for Canada? Here, I would like briefly to highlight three sets of issues. First, there may be implications for the pricing of commodities.
As I have stressed, the broad trends in commodity prices is determined by the fundamentals of supply and demand – notably the long-term growth in demand from Asian emerging-market economies. But the functioning of the markets in which commodities are traded has the potential to influence pricing in several ways.