US' higher interest rates are certain to be the biggest difference in the coming year, but the conditions could also change fundamentally on commodity markets.

Supply glut of crude oil and industry raw materials should accelerate in coming year because production has become less beneficial as there are price declines in the past, which will reflect the output expansion rate.

The amount of active drilling rigs in US fell by 2/3rds since October 2014. Global oil production should also be capped in 2016, despite higher supply from Iran.

"The expectation that the high level of crude stocks will decline should put a floor under oil prices. We expect to see Brent oil at 63 dollars by the end of 2016, which argues for slightly higher inflation rates", says Commerzbank in a research note.