Please log in to view this content.
Palladium
Corn, Silver Among Commodity Markets to Watch on Evidence of Brightening Economy
Please log in to view this content.
Bulls Control Equities Despite Disappointing Economic Data; Gains Look to Continue in Energies
Please log in to view this content.
World Economy Progressing, Improving Outlook for Commodities
The most important developments of last week were 1) indications that world oil producers were poised to extend production cuts (or even expand them if it becomes necessary to reduce global oil stocks to five year average levels) and 2) percolating fears of bird flu in Asia.
New Year, Return to Recession?
As 2016 begins, the commodity bears are getting close to a “perfect storm” from all directions.
The Commodity Markets Going Into 2016…
The 2015 market wrap-up suggests that broad-based deflationary sentiment has resulted from a “perfect storm” during the second half of the year.
Potential Boost in Demand for US Commodities
Risk sentiment received a shot in the arm last week after the latest FOMC meeting tamped down concerns over global growth and used more decisive language in favor of a December interest rate hike.
Fed Not Confident in Pace of US Growth
With the Fed taking a pass on hiking rates in September, a reduction in their 2016 and 2017 growth forecasts, and only minimal dissension within their ranks against a steady policy stance, it appears that they are not confident enough in the pace of US growth to make a move at this time.
Markets Poised to See Declines in Equities, Gains in the Dollar
An important junction lies ahead as fears about China have returned to the marketplace despite two days of Chinese holidays finishing out the week.
Commodity Sentiment Was Overdone
We won’t suggest that the recent lows in many commodities are solid, but value-hunt buying of copper assets by Carl Icahn, a $4.00 single-day rise in crude oil prices, and a 1,000-point, 2-day bounce in the Dow suggest that sentiment was overdone on a number of fronts.