Loading…
A commodities market wrap says a lower dollar has not lifted bulls much as global slowdown concerns cap gains. It notes a US-China meeting in Washington produced no deal, with a Phase One agreement expected at APEC in Chile, and that WTI fell on easing Turkey-Syria tensions.
Trade uncertainty and slowing global growth weigh on demand expectations for agricultural commodities, while crude weakness lowers biofuel and freight cost support.
ii.co.ukOct 18, 2019Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
