# WCU Commodities rise ahead of crucial week | Saxo

> Commodities gained strongly in January, heading for their best monthly performance since April 2016, led by energy and industrial metals. Markets are focused on upcoming events including the UK Brexit vote, the FOMC meeting, and U.S.-China trade talks in Washington.

- Date: 2019-01-25 · published 2019-01-25T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/12392-wcu-commodities-rise-ahead-of-crucial-week-saxo
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Broad commodity strength and upcoming U.S.-China trade talks create a macro backdrop that can influence feed grain and energy-linked input prices. Slowing global growth and the IMF downgrade pose demand risks.

## Read by commodity

- DXY: neutral
- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2021-06-16 | [WCU Commodities back on track for a strong 2021 finish \| Saxo](https://feedsoft.ai/events/46625-wcu-commodities-back-on-track-for-a-strong-2021-finish-saxo.md) | +1.4% | +1.4% |
| WTI | 2021-05-01 | [Why prices of commodities, from metals to food, are soaring](https://feedsoft.ai/events/11301-why-prices-of-commodities-from-metals-to-food-are-soaring.md) | +2.2% | +4.4% |
| WTI | 2021-09-27 | [The Commodities Feed: The power crunch spreads to the rest of the complex \| snaps \| ING THINK](https://feedsoft.ai/events/11976-the-commodities-feed-the-power-crunch-spreads-to-the-rest-of-the-complex-snaps.md) | +2.5% | +13.7% |
| WTI | 2019-02-24 | [Commodities-A Phoenix Rising From The Ashes \| The Corner](https://feedsoft.ai/events/11845-commodities-a-phoenix-rising-from-the-ashes-the-corner.md) | -2.3% | +3.2% |
| WTI | 2020-01-27 | [Due to oil prices on the world market, the prices of all commodities are rising – Lider Media](https://feedsoft.ai/events/55169-due-to-oil-prices-on-the-world-market-the-prices-of-all-commodities-are-rising.md) | -4.7% | -5.1% |
| BRENT | 2020-10-22 | [Goldman Sachs: Commodities bull market ahead on dollar, inflation risk](https://feedsoft.ai/events/50555-goldman-sachs-commodities-bull-market-ahead-on-dollar-inflation-risk.md) | -5.9% | +6.6% |
| BRENT | 2021-09-27 | [The Commodities Feed: The power crunch spreads to the rest of the complex \| snaps \| ING THINK](https://feedsoft.ai/events/11976-the-commodities-feed-the-power-crunch-spreads-to-the-rest-of-the-complex-snaps.md) | +2.0% | +9.9% |
| BRENT | 2019-02-24 | [Commodities-A Phoenix Rising From The Ashes \| The Corner](https://feedsoft.ai/events/11845-commodities-a-phoenix-rising-from-the-ashes-the-corner.md) | -3.9% | -0.5% |

## Sources

- home.saxo: https://www.home.saxo/content/articles/commodities/wcu-commodities-rise-ahead-of-crucial-week-25012019

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.