Fed's cautious tone a reprieve for rate-sensitive sectors, commodities

After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.

• Sep 19, 2024Rate cut a plus for some commodities, but demand and supply forces will still be key - The Business Times-0.1%
• Oct 30, 2019Fed cuts rates for the third time as US economy slows | CNN Business+0.1%
• Feb 22, 2018NZ dollar follows Wall Street, commodities higher as investors reassess US rate track | BusinessDesk+0.5%
• Dec 13, 2017Gold jumps 1% as dollar slips on Fed rate outlook - The Business Times-0.4%
• Aug 28, 2023US dollar eases versus euro as investors ponder Fed, ECB rate paths - The Business Times+0.2%

After 487 past bullish macro events, Crude Oil (WTI) moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% over 20.

• Oct 6, 2023Commodity sector supported by peak rates, tight supply focus | Saxo+0.7%
• Mar 17, 2017Dollar crunched by cautious Fed, bonds and commodities cheer | Daily FT-2.5%
• Jun 20, 2019The Commodities Feed: Dovish Fed sees commodities rally | snaps | ING THINK+10.2%
• Aug 24, 2021The Commodities Feed: USD provides a boost to the complex | snaps | ING THINK+5.5%
• Feb 24, 2019Commodities-A Phoenix Rising From The Ashes | The Corner-2.3%