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 June 14, 2019

Commodities Weekly Recap June 14, 2019

 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

Commodities Weekly Recap May 24, 2019

Commodities Weekly Recap May 24, 2019

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