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A WSJ survey found most economists expect the Fed's next rate increase at its June 13-14 meeting, up from 48% in the prior survey. About a quarter expected a hike at the March 14-15 meeting.
Rising odds of a June hike point to a firmer dollar and higher financing costs, which can weigh on dollar-priced commodities.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
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.