1. Greenshoots for Commodities/Commodity FX, BCOM Index breaking trend, inflation expectations rising and commodity FX perking up 2. AUDUSD – 0.68 THE FIGURE has historically…
1. Bloomberg Precious Metal Index- Weekly chart, facing resistance but Gold and Silver’s technical backdrop support breakout
No brainer really. Silver has a very strong positive correlation with Gold and we expect Gold to continue to appreciate. We like everything we…
The combination of lower interest rates, an under-pressure USD and unresolved US/China trade talks, has seen Gold soar. Gold is currently consolidating its recent…
1. USD/Commodities Ratio We have previewed this chart before and this week, commodities strengthened and the Bloomberg Commodity Index has breached and closed above…
There is no doubt that looking across cross-asset class charts, the USD seems primed to weaken BUT we still see USD dips bought up…
Fed chair Jerome Powell’s senate hearing this week basically re-affirmed the market’s view of a July rate cut and subsequent cuts till the end…