Commodities Overview

Commodities Weekly Wrap

14 July, 2017

All good, for now …

The prices of most commodities, with the exception of agriculturals, rose this week. Data showing strong Chinese import demand gave a boost to the prices of industrials, while a further drop in US crude stocks boosted oil prices. What’s more, US inflation data, released on Friday, were weak again in June suggesting that the chances of a September rate hike are fading.  The tone of commodity markets next week might be set on Monday with the release of China’s June activity, retail sales and fixed

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