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Gold was trading near $1,200 ahead of an expected Fed hike, while US crude held near $70 and Brent pushed toward $80. OPEC declined to recommend additional supply after Trump criticized high oil prices.
OPEC's refusal to add supply keeps crude firm, which raises biofuel and freight costs that flow into feed pricing. Brazil's currency turmoil is also flagged as a driver for soybeans and other Brazilian exports.
ca.investing.comSep 24, 2018Not enough comparable past events yet for a historical read.
Not 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.
