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The US dollar was subdued on December 6, 2018 amid trade tensions between Washington and Beijing, a flattening yield curve and a global equity sell-off. Gold rose to a 5.5-week high, and the dollar index traded near 97.16 as investors also sought safe-haven assets.
Weaker dollar demand supports dollar-priced commodities, while equity turmoil and trade uncertainty add volatility to feed markets.
theindustryspread.comKarthik SubramanianDec 6, 2018Not 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.
