Loading…
A weaker US dollar is expected to make commodities cheaper for overseas buyers and lift prices in 2020. The article links this view to improving US-China relations and cites the copper market as an example.
Energy stocks were among the underperformers of 2019.
A softer dollar typically supports dollar-denominated commodity prices, though this is an outlook opinion rather than a new supply or demand shock.
pws.ioTamanna ChhibbarJan 21, 2020After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% 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.
