Loading…
Financial markets are pricing a sharp rise in Fed policy rates toward 3.5% by mid-next year from near zero. Dollar funding rates are expected to stay above 3% for the rest of the decade.
Tighter global dollar liquidity strengthens the dollar and raises financing costs for emerging-market importers, which tends to pressure dollar-priced commodities.
reuters.comMike DolanApr 22, 2022After 2,356 past bullish macro events, DXY moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
