Commodities Overview

Commodities Weekly Wrap

21 July, 2017

The weaker dollar bolsters commodities

This week started on a positive note for industrial commodities with strong June activity and investment data out of China. A weaker US dollar was also supporting commodity prices, more generally. That said, the star performers were agriculturals as the grains, in particular, continue to benefit from concerns over ultra-dry conditions in the US farm belt.

Looking ahead, it will be quiet on the data front next week. A technical committee of OPEC and non-OPEC oil producers is set to meet on Monday

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