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