Loading…
An analysis argues that U.S. monetary policy is likely to be unhelpful to commodity prices in the short term. It points to equity market concern about the economic impact of a flattening or inverted yield curve.
Tighter or inverted-curve monetary expectations tend to weigh on commodity prices through a stronger dollar and weaker growth outlook. The effect on feed markets is indirect.
mining-journal.comAlex HamerApr 4, 2019After 4,478 past macro events, DXY moved a median +0.0% over 5 sessions (51% higher; middle half -0.4% to +0.5%), and +0.1% 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.
