The first full week of September saw three major developments that impacted commodities; broad sentiment was negatively impacted by the dollar reaching a six-month high and a near record level against the off-shore Chinese renminbi, Saudi Arabia and Russia extended current voluntary production cuts to yearend, while the prospect for a sentiment supportive peak rate scenario in the US was pushed further out after economic data continued to show strength. Overall, these developments has left the Bloomberg Commodity Total Return Index trading small up on the month with crude oil and fuel product strength offsetting ... (full story)