Optimism is clear in spite of war threat

The crisis in the Middle East is creating a bull market for oil, energy and gold

Confidence is high among hedge funds trading commodities and managed futures, with a previously volatile market veering towards lengthier upward and downward trends.

The global political climate with war threatening in the Middle East is significantly influencing prices, prompting traders to stick with bullish commodities such as oil, energy and gold. However, managers are optimistic in spite of this danger.

Tim Wong, associate director for research at Man Investment Products' AHL Fund

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