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Industrial metals take charge, NatGas shortage concerns grow

From home.saxo

The Bloomberg Commodity index traded close to flat on the week but still not far from levels last seen more than ten years ago. The engine keeping the index elevated has increasingly been shifting to energy and industrial metals with precious metals suffering another setback while the steam has gone out of the agriculture sector, especially after the start of the northern hemisphere harvest season has left forecasters increasingly confident about the outcome. On the macro-economic stage, the dollar traded close to unchanged while the US Treasury market continued to see bond yields on their best behavior, drifting ... (full story)

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  • Category: Fundamental Analysis