# Commodity prices to remain volatile with mild negative bias in immediate run

> Commodity prices are expected to stay volatile with a mild downward bias as recession fears grow. The Fed raised rates 75 basis points, and the ECB, RBI and Bank of Canada also tightened.

- Date: 2022-07-30 · published 2022-07-30T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/40396-commodity-prices-to-remain-volatile-with-mild-negative-bias-in-immediate-run
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Global central bank tightening and demand worries point to softer commodity prices in the near term, which could ease input costs for feed buyers.

## Read by commodity

- DXY: bullish ▲
- WTI: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-09-01 | [Rising US real interest rates imply falling real commodity prices](https://feedsoft.ai/events/63460-rising-us-real-interest-rates-imply-falling-real-commodity-prices.md) | +0.4% | -0.4% |
| DXY | 2017-11-02 | [Pound Could Remain Volatile Against Dollar and Euro as New Interest Rate Consensus Develops](https://feedsoft.ai/events/68240-pound-could-remain-volatile-against-dollar-and-euro-as-new-interest-rate.md) | -0.1% | -1.5% |
| DXY | 2021-03-19 | [WCU: Commodity markets consolidate with one eye on inflation \| Saxo](https://feedsoft.ai/events/5670-wcu-commodity-markets-consolidate-with-one-eye-on-inflation-saxo.md) | +1.1% | -0.1% |
| DXY | 2022-08-22 | [Commodity prices down on rising dollar demand](https://feedsoft.ai/events/39941-commodity-prices-down-on-rising-dollar-demand.md) | +0.0% | +1.6% |
| DXY | 2023-09-27 | [Australian Dollar attempts to snap recent losses as Australia’s inflation rises, commodity prices decline — Octa](https://feedsoft.ai/events/34385-australian-dollar-attempts-to-snap-recent-losses-as-australia-s-inflation-rises.md) | +1.1% | +1.1% |
| WTI | 2024-07-19 | [Commodity prices falling for very different reasons - PricePedia](https://feedsoft.ai/events/4977-commodity-prices-falling-for-very-different-reasons-pricepedia.md) | -5.6% | -5.4% |
| WTI | 2020-04-20 | [US oil prices turn negative as demand dries up](https://feedsoft.ai/events/4480-us-oil-prices-turn-negative-as-demand-dries-up.md) | -32.4% | +73.9% |
| WTI | 2021-06-21 | [Commodity Prices Dip As Dollar Surges \| OilPrice.com](https://feedsoft.ai/events/46491-commodity-prices-dip-as-dollar-surges-oilprice-com.md) | +3.5% | -7.3% |

## Sources

- moneycontrol.com: https://www.moneycontrol.com/news/business/commodities/commodity-prices-to-remain-volatile-with-mild-negative-bias-in-immediate-run-8917021.html

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