Commodity Analysis & Comment

Wheat jumps 1.5% right after Putin drafts Russian farmers for Ukraine war Market up for second straight month, rising 7% from July’s close. Global grains data shows world heading for tightest...

Copper is down 25% on the year, slid in five of the past six months $3 support held since November 2020 could break Commodities pulverized by a dollar enabled by hawkish Fed talk Exactly two months...

Oil prices down for fourth straight month Headed for first quarterly loss in two years Technical charts suggest bears could press for $72 low before September ends But a rebound could propel US crude...

Cotton jumps 17% in August but then gives all back Charts suggest an immediate weakening back to July bottom of under 83 cents But cotton could also rebound to recapture highs of $1.1085 Prices and...

Gold traders had a wild ride in Wednesday's trade after the US Federal Reserve Fed hiked interest rates another jumbo 0.75%, making it the third hike in a row for the US central bank. The yellow...

Concerns are growing over the state of US oil production, particularly as the fate nears for implementation of the US and EU sanctions against Russian oil. Unless the US and EU reverse their policies,...

Oversold conditions make gold vulnerable to fierce short-covering Supportive buying from lows can start recovery towards $1,680-$1,685 and more Breaching the long-held $1,681 floor of support, the...

It’s here: The thing investors across markets and the world have been dreading. The week of the U.S. Federal Reserve’s September rate hike. If anything, the next 72 hours could lead to...

Longtime readers of this column know that I do not put much faith in models or forecasts. Indeed, the more complicated the model and the longer term required by the prediction, the more inaccurate it...

Railroad strike could happen by Friday, crippling coal supplies  Gas supply might get tighter on late summer heat/cooling demand; LNG in view too Gas prices could target next technical range of...

Hot CPI reinforced expectations Fed will hike aggressively  Gold looking heavy as bulls desperately clinging onto $1,700 support Watch out for sharp move lower if support gives way The markets...

Palladium may be boxed in, going nowhere on economic uncertainty Hawkish Fed not making outlook any better for auto catalyst With appropriate demand, charts show palladium could target $2,394 After...

The dollar hasn’t exactly crumbled over the past week though the retreat from its 20-year highs has been commendably consistent. There’s something else that has held admirably well for...

Traders trying to decide on right hedge ahead of Fed rate decision China’s COVID outbreak continues to throttle market confidence Bevy of consumer price index reports for August due this...