AllQuant
2022-08-29
A snapshot of the commodity prices as of the end of last week. Where commodity prices move gives clues about inflation and the strength of demand in the global economy. Energy and agricultural futures of late are showing an uptrend while metals have been quite consistently down. It's a mixed bag of sentiments complicated by the Russia-Ukraine conflicts that can hinder global efforts to curb inflation. While increasing the rates can slow demand down, it can't resolve political issues. And climate change that results in "unprecedented" weather being something we see every year now is not helping either.

$Natural Gas - main 2210(NGmain)$$SPDR S&P 500 ETF Trust(SPY)$$Gold - main 2206(GCmain)$


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Comments

  • HilaryWilde
    2022-08-31
    HilaryWilde
    I am very optimistic that agricultural prices will rise in the second half of the year.
  • ElvisMarner
    2022-08-31
    ElvisMarner
    The drop in financial futures is a little confusing to me.
  • Maria_yy
    2022-08-31
    Maria_yy
    The war did make inflation worse.
  • BellaFaraday
    2022-08-31
    BellaFaraday
    Commodity prices are closely linked to inflation.
  • DonnaMay
    2022-08-31
    DonnaMay
    How high do you think gas prices will go?
  • loon0406
    2022-08-31
    loon0406
    good
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