# WCU Commodities find a bid as 2019 begins | Saxo

> Commodities ended a volatile first trading week of 2019 with gains across most sectors after the Bloomberg Commodity Index posted its first weekly gain in five. Beijing confirmed a US trade delegation visit on January 7-8, and the dollar fell for a third week.

- Date: 2019-01-04 · published 2019-01-04T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/61006-wcu-commodities-find-a-bid-as-2019-begins-saxo
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Hopes for a US-China trade breakthrough and a softer dollar support agricultural and energy prices, though the report mainly describes market moves.

## Read by commodity

- DXY: bearish ▼
- SOY: bullish ▲
- WTI: bullish ▲

## Sources

- home.saxo: https://www.home.saxo/content/articles/commodities/wcu-commodities-find-a-bid-as-2019-begins-04012019

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