# Commodities: “America First” agenda late in the cycle spells good news – TDS — Octa

> TDS strategist Bart Melek attributes much of the commodity rally since late 2016 to the falling US dollar and late-cycle speculative buying. He also notes a sharp drop in US crude inventories from their record high.

- Date: 2018-01-29 · published 2018-01-29T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/66894-commodities-america-first-agenda-late-in-the-cycle-spells-good-news-tds-octa
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A weaker dollar and tighter crude inventories support commodity prices, which can raise input costs for feed producers.

## Read by commodity

- DXY: bearish ▼
- WTI: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-04-01 | [Are We Witnessing the Start of a New Commodities Supercycle?](https://feedsoft.ai/events/48022-are-we-witnessing-the-start-of-a-new-commodities-supercycle.md) | -0.5% | -1.8% |
| DXY | 2025-12-24 | [Rand in good Christmas spirits as dollar’s demise sends commodities soaring \| News24](https://feedsoft.ai/events/21778-rand-in-good-christmas-spirits-as-dollar-s-demise-sends-commodities-soaring.md) | +0.0% | -0.7% |
| DXY | 2020-01-21 | [Weakening Dollar Good News For Commodities - Passport to Wall Street](https://feedsoft.ai/events/54999-weakening-dollar-good-news-for-commodities-passport-to-wall-street.md) | +0.6% | +1.3% |
| DXY | 2024-08-29 | [The U.S. Dollar and Commodity Prices \| news.cqg.com](https://feedsoft.ai/events/28700-the-u-s-dollar-and-commodity-prices-news-cqg-com.md) | +0.5% | -0.7% |
| DXY | 2023-04-12 | [The Commodities Feed: All eyes on US CPI \| articles \| ING THINK](https://feedsoft.ai/events/36345-the-commodities-feed-all-eyes-on-us-cpi-articles-ing-think.md) | -0.4% | -0.6% |
| WTI | 2021-05-05 | [Where Ag Fits in Commodity 'Supercycle'](https://feedsoft.ai/events/7727-where-ag-fits-in-commodity-supercycle.md) | -0.6% | +4.7% |
| WTI | 2023-04-12 | [The Commodities Feed: All eyes on US CPI \| articles \| ING THINK](https://feedsoft.ai/events/36345-the-commodities-feed-all-eyes-on-us-cpi-articles-ing-think.md) | -0.8% | -9.6% |
| WTI | 2021-09-27 | [The Commodities Feed: The power crunch spreads to the rest of the complex \| snaps \| ING THINK](https://feedsoft.ai/events/11976-the-commodities-feed-the-power-crunch-spreads-to-the-rest-of-the-complex-snaps.md) | +2.5% | +13.7% |

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/534627/

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