Commodities Weekly Recap August 16, 2019

Commodities Weekly Recap August 16, 2019

 Lots of volatility in markets- Trade is the leading issue, but there are plenty of other factors weighing on markets
 Gold and bonds make new highs as capital heads for safe-havens
 Natural gas and crude oil edge higher but remain under pressure
 The August WASDE report sends agricultural commodity prices lower
 Bitcoin and digital currencies post declines on the week

Commodities Weekly Recap August 9, 2019

Commodities Weekly Recap August 9, 2019

 The US designates China as a currency manipulator
 Precious metals post across the board gains
 Energy prices move to the downside across the board
 Grains rally in anticipation of the August 12 WASDE report from the USDA
 Lots of volatility in stocks- Bitcoin posts a double-digit gain on the week as the Chinese yuan trades at the 7 level against the US dollar

Commodities Weekly Recap August 2, 2019

Commodities Weekly Recap August 2, 2019

 The Fed disappoints with a 25-basis point cut
 An escalation in the trade dispute weighs on industrial commodities
 Gold puts in a bullish reversal pattern on the weekly chart
 New highs in the dollar index
 Copper falls to a new low for 2019- Weakness in energy and agricultural commodities

Commodities Weekly Recap July 26, 2019

Commodities Weekly Recap July 26, 2019

 Precious metals remain strong
 The dollar continues to gain along with the stock market during earnings season
 Crude oil edges higher as natural gas returns to the lows
 Weakness in agricultural commodities
 The markets are now waiting for news from the Fed on July 31

Commodities Weekly Recap July 19, 2019

Commodities Weekly Recap July 19, 2019

 Silver and gold prices rise
 The dollar moves higher
 Crude oil and all energy prices post significant declines on the week
 Grains are lower along with most agricultural commodities
 Stocks falter at new highs and digital currencies fall as the US Congress demands a halt to Facebook’s Libra token

Commodities Weekly Recap July 12, 2019

Commodities Weekly Recap July 12, 2019

 All signs point to a Fed rate cut later this month
 Precious metals remain strong
 Copper and industrial commodities move mostly higher
 Energy prices move higher across the board- Agricultural commodities mostly higher after the July WASDE report
 New highs in stocks and the dollar falls

Commodities Weekly Recap July 5, 2019

Commodities Weekly Recap July 5, 2019

 The dollar rallies as a rate cut may not be a no-brainer
 Gold and precious metals prices decline sans palladium
 Bitcoin and digital currencies fall
 Crude oil edges lower after the OPEC meeting while natural gas recovers
 Stocks post gains, but more than a few potholes stand in the way of higher highs

Commodities Weekly Recap June 28, 2019

Commodities Weekly Recap June 28, 2019

 Bitcoin blasts off to the upside
 Markets wait for news on the US-Chinese Trade meeting
 Bullish reversals in gold, corn, and coffee in Q2
 Crude oil waits for the OPEC meeting next week
 Stocks move higher on window dressing as the second quarter ends

Commodities Weekly Recap June 21, 2019

Commodities Weekly Recap June 21, 2019

 Multiyear highs in gold as the Fed signals rate cuts are coming
 Copper and industrial commodity prices move higher, but wait for news on trade between the US and China
 Crude oil rallies on Iranian hostilities- Natural gas falls below $2.20 per MMBtu
 Agricultural commodity prices were stable to lower on the week
 Stocks move higher, the dollar falls, and digital currencies continue to move to the upside

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