Kerry Liu

Contrary to public opinion, demand and supply is still the dominant driver of oil price movement, but speculation plays a role.

CDS markets are used by treasurers to measure bank counterparty exposure, but poor liquidity is skewing efficacy.

Investors swear by base metals as a leading economic indicator but rampant speculation is skewing its effectiveness as a guide.

Chinese airline regulators curbed the use of derivatives after some embarrassing blow-ups. Now there is mounting evidence indicating it was equally as damaging not to.

Asia needs more coal. Australia has enough now but can it maintain the supply? Kerry Liu tests the trade