Commodity

Chinese Premier Li Keqiang will push trade, finance and investment deals worth tens of billion of dollars on Tuesday to help Brazil upgrade its dilapidated infrastructure and boost a slumping economy.

There are many good signs for a major bullish breakout in the beaten down precious metals,

Hedge funds boosted bullish commodity bets to the highest since 2012 as extreme weather threatened global crops.
Europe’s largest oil company said the European Union’s planned regulation to curb speculation in commodity derivatives may endanger security of energy supply.
The Federal Reserve is poised to take a preliminary step toward limiting banks’ activities with commodities.
European Parliament lawmakers and national officials failed to clinch a year-end deal to overhaul the bloc’s financial market rulebook.
Derivatives might face new transaction fees to pay for the CFTC budget.
Hong Kong Exchanges & Clearing Ltd. will introduce new cash-settled commodity products as part of the effort.
West Texas Intermediate tumbled the most in three months following declines in metals on speculation that a commodity fund is selling positions.
The summer drought is starting to catch up with hog supplies, while cattle may abandon seasonal weakness for a long-term bullish bias.