Producers of metals, grains and other raw materials rallied on July 30 as the U.S. dollar weakened after the Federal Reserve's policy statement. Fed Chairman Kevin Warsh indicated he would wait to see whether rising Treasury yields cooled inflation before acting, which eased fears of a near-term rate hike.
Gold futures rose $63.80 to $4,100.10 an ounce.
A weaker dollar makes dollar-priced commodities cheaper for overseas buyers, supporting raw material prices. Reduced odds of a hike remove some of the dollar strength that had been pressuring ag markets.
Na 1.637 eerdere neerwaarts macro-gebeurtenissen bewoog Amerikaanse dollar (breed) zich mediaan -0,2% over 5 sessies (39% hoger; middelste helft -0,6% tot +0,3%), en -0,2% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.