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
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
Summary
• Grains were the best-performing commodities sector in Q2
• Corn leads the sector with a gain of 17.88%.
• Weak performance in MGE wheat and soybean oil which were the only two losers
• A 15.35% gain in CBOT wheat
• The season of uncertainty peaks at the end of Q2
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
New high in gold, but a pullback late Friday while palladium soars
Little movement in copper compared to last week, but lumber soars on the prospects for lower interest rates
Economic and politics pull crude oil in opposite directions- Natural gas remains below $2.40 per MMBtu
Grains explode higher in the wake of the June WASDE report on weather and late planting- Coffee moves lower during the July-September roll
Stocks stable on the week, the dollar rallies, and digital currencies post gains
June 7, 2019 Precious metals post gains with silver and gold leading the way Copper…
May 31, 2019 Gold rallies and breaks a bearish pattern since February, but other precious…
Precious metals move mostly higher, but platinum lags
Trade pushes copper and base metals lower
Crude oil falls on trade but Iran lurks in the background
Grains post gains, but soybeans lag
New highs in the dollar, but intervention may be pushing the greenback lower as the dollar index falls after Thursday’s new marginal peak- Uncertainty in the UK as the Prime Minister steps aside
The story of this week: Iran Holds Crude Oil Prices Near The high …