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
Andrew Hecht
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
The second quarter of 2016 is now in the books. It was a quarter of fear of uncertainty, volatility, and gains for commodities. Overall, a composite of the 29 primary commodities that trade on… more
The US economy is the world’s largest. The US dollar has been the world’s most stable currency, and it is universally accepted as the reserve currency around the globe. The dollar is the benchmark… more
The 2012 drought sent grain prices to dizzying heights. Soybeans reached almost $18 while corn traded to highs of almost $8.50 and wheat moved above $9.45 per bushel. Since then, grain prices… more
It has been a rough ride for crude oil since June of 2014 when the price of active month NYMEX crude was trading above $107 per barrel. Since then, the price has been making lower highs and lower… more
The price of active month NYMEX natural gas futures closed on September 30, 2015 at $2.524 per mmBtu. The fourth and first quarters are generally a positive seasonal period for the energy… more
The Inverse Relationship Could Mean the Next Leg Down
The US dollar is the reserve currency of the world. As such, it is the pricing mechanism for most important raw material markets.… more
Watch this informative webinar on the thought process behind Andrew T. Hecht's recent platinum-gold spread case study and the theory behind his "technomental" approach.
Hecht uses CQG… more