# Commodity markets to focus on FOMC statement and US core PCE that to shape policy expectations

> Kotak Securities reviews a volatile first week of Trump's tenure in which the dollar index fell about 2% from a 25-month high to 107.5. Gold hit a three-month high near $2,794 an ounce on safe-haven demand tied to tariff threats against Europe, China, Mexico and Canada.

- Date: 2025-01-26 · published 2025-01-26T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/26416-commodity-markets-to-focus-on-fomc-statement-and-us-core-pce-that-to-shape
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Tariff threats boost safe-haven demand and weaken the dollar, which can support commodity prices in dollar terms. Trade uncertainty also affects export flows for grains and oilseeds.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-01-20 | [US inflation expectations: Implications for global markets \| Premia Partners](https://feedsoft.ai/events/49346-us-inflation-expectations-implications-for-global-markets-premia-partners.md) | +0.6% | +0.6% |
| DXY | 2020-08-28 | [The Fed and gold: Powell's policy shift affects gold commodity prices](https://feedsoft.ai/events/51523-the-fed-and-gold-powell-s-policy-shift-affects-gold-commodity-prices.md) | -0.5% | +1.0% |
| DXY | 2019-01-29 | [Rand firms on US rate expectations, stocks climb - Moneyweb](https://feedsoft.ai/events/61379-rand-firms-on-us-rate-expectations-stocks-climb-moneyweb.md) | -0.2% | -0.0% |
| DXY | 2023-03-23 | [A weaker USD should support commodity markets – ANZ — Octa](https://feedsoft.ai/events/36778-a-weaker-usd-should-support-commodity-markets-anz-octa.md) | -0.7% | -1.1% |
| DXY | 2025-08-04 | [China's yuan rebounds from 2-month low on weak US jobs and Fed rate cut expectations \| MarketScreener](https://feedsoft.ai/events/10144-china-s-yuan-rebounds-from-2-month-low-on-weak-us-jobs-and-fed-rate-cut.md) | -0.7% | -0.8% |

## Sources

- moneycontrol.com: https://www.moneycontrol.com/news/business/commodities/commodity-markets-to-focus-on-fomc-statement-and-us-core-pce-that-to-shape-policy-expectations-12919781.html

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