April 2020 will go down in history as the month that the price of crude oil fell to a low that most market participants did not believe possible. West Texas Intermediate crude oil began trading on… more
Commentary
Optimism ran high at the start of 2020. The United States and China were about to sign the “phase one” trade deal that de-escalated the trade war that hung over markets in 2018 and 2019. The… more
Everything was humming along in the equities and commodities markets in mid-February. The S&P 500 made its latest record high on February 20. On the same day, the price of crude oil traded to… more
In 2008, the global financial crisis caused by a housing meltdown in the US and sovereign debt issues in Europe caused a risk-off period that sent the prices of all assets appreciably lower. Crude… more
A weaker dollar and de-escalation in the trade war between the US and China lifted commodity prices in the final quarter of 2019. In Q4, a composite of 27 commodities prices that trade on the… more
The coffee futures market can be one of the most volatile markets in the world. The world’s leading producer and exporter of Arabica beans is Brazil. The weather conditions in the South American… more
So far, in 2019, the price of nearby NYMEX crude oil futures has traded in a range from $44.35 to $66.60 per barrel. However, the low came at the very start of the year, and since the week of… more
A strong dollar, escalating trade war between the US and China, and many other factors caused increased volatility in the commodities asset class over the third quarter of 2019. However, the… more
With fear and uncertainty mounting over the prospects of a global recession, interest rates have been falling. Even though the dollar index is in a bull market trend, the price action in the gold… more
Gold has a long history as a currency. The yellow metal has been a store of value for thousands of years. Gold is both a financial and an industrial commodity. Central banks around the world hold… more