The dollar index moved lower by 4.79% in the second quarter of 2017. Out of the 29 commodities that I follow, 22 posted losses during the three-month period that ended last Friday, June 30.… more
Commentary
The US dollar is the reserve currency of the world, and it is also the benchmark pricing mechanism for most raw material prices. Typically, a weak dollar results in strong commodities prices… more
Gold opened 2017 with a roar after hitting lows in December. The price of the yellow metal has made higher lows and higher highs so far with the most recent peak coming on April 17, when the… more
The dollar index moved lower by 2.02% in the first quarter of 2017, and commodities prices moved higher with four of the six major sectors posting gains. Many raw materials made multiyear lows in… more
The trading range in crude oil has been narrow since the middle of December 2016. From high to low since December 19, the price of active month NYMEX crude oil futures have traded in a range of… more
After Election Day in November, it looked like the rallies in gold and silver that took place over the course of 2016 were over and done. Nearby gold futures fell to lows of $1,123.90 and silver… more
The dollar index exploded higher by 7.23% in Q4 2016, but most raw material prices ignored the greenback. The principal raw materials traded on US and UK futures exchanges rose by 3.75% in Q4. The… more
An election is always a time of uncertainty; however, when an incumbent’s term ends and the election for a new and unknown leader occurs, it often leads to an increase in volatility. The 2016… more
These upcoming events will impact commodities:
Election Day on November 8 OPEC meeting on November 30 Fed Funds rate decision in mid-DecemberIt has been a busy year, beginning… more
This Dow Jones News newsletter highlights some of the top coverage from Dow Jones' newsrooms around the world. The newsletter's focus is Resources, and coverage highlights include:
Market-… more