Forex: In forex, speculators ended the year holding a USD 32.3 billion net long USD position versus eight IMM futures contracts and the DXY. Apart from a brief peak last April, this was the biggest bet on a stronger dollar since mid-2019. This helps explain the sudden burst of dollar selling on
Commodities
Commodities The commodities sector is heading for its fourth consecutive weekly gain, and throughout August the sector has been supported by a combination of a softer dollar, lower Treasury yields, and expectations the US Federal Reserve will announce the first of several cuts at the 18 September FOMC meeting. Traders and analysts watching US economic […]
By Marc Pussard, Head of Risk at APM Capital Geopolitical events profoundly influence commodity prices, a crucial factor for investors to consider when shaping their strategies. It’s essential to take a strategic approach when considering these influences. According to a recent Fitch Ratings report, global commodity prices have been influenced by the wars in the […]
Democrats Win:The impact on oil markets looks mixed from a Democrat win perspective. On the one hand, markets would expect a Democratic administration to push for green energy initiatives, potentially leading to stricter regulations on fossil fuels. This could reduce U.S. oil production, tighten global supply, and potentially raise oil prices. However, they are viewed […]