Hog seasonals in play, while cattle raises skepticism
A key seasonal period approaches for hogs, offering some guidance on the near-term direction of price.
Commodity investment seen by Barclays set for record outflow
Commodity investments are heading for record outflows driven by withdrawals from gold exchange-traded funds as some investors lost faith in the traditional store of value, according to Barclays Plc.
Long-term gold trend still in play
According to the technicals that I like to use, the long-term trend in gold is still in play. Fundamentally, COMEX gold futures fell to $1,210/ounce on Dec. 6, 2014 and since then we have seen somewhat of a bounce higher.
Dollar rises to 5-year high vs. yen as Fed trims bond buying
The dollar rose to a five-year high versus the yen after the Federal Reserve officials voted to reduce monthly asset purchases that are seen as debasing the U.S. currency amid signs that economic growth is strengthening.
