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Lumber futures took a dive yesterday, right after they hit a new all-time high. The much sought-after commodity lost almost 4% of value, ending an uninterrupted 14-day run higher.Still, the...
First it was lumber. Then copper. Now, it’s iron ore.Price pressures in building materials are just skyrocketing in the United States as an economy rip-roaring in its recovery from COVID-19 sets...
This morning, iron ore futures in China popped by as much as 3.6%, before closing at a more modest +2.6%. As the world's largest importer of the commodity, as well as, perhaps currently the world's...
Will gold get beyond $1,850 this week, and will oil be able to piggyback on the cyberattack on US pipeline Colonial and consumption numbers in the United States to escape the rut of range-bound...
This article was written exclusively for Investing.comA late February multi-year high and pullback Sugar has been rallying since Apr. 1 – A higher high in July futures A recovery in oil supports...
Gold’s return to above $1,800 is logical, overdue and even remarkable—considering the tortuous journey it’s been on this year.But, of course, what really matters is where it goes...
“There's no such thing as bad weather, just soft people,” Bill Bowerman, the co-founder of Nike and legendary Olympics track and field coach, once said.Likewise, in natural gas, can we...
The super-inflated agricultural markets have cooled since the start of May, with corn headed for its worst week in a year, wheat tumbling the most in seven weeks and soybeans just slightly higher...
The price of oil has been ranging, as market worries whipsaw between optimism on a reopening global economy versus the resurgence of COVID-19 in many parts of the world which might delay the...
This article was written exclusively for Investing.comCommodities are inflation barometers Metals, energy, agricultural commodities all point to the economic condition The Fed and Treasury ignore the...
Yesterday, gold got a boost from Fed Chair Jerome Powell, during his monthly, post-FOMC meeting press conference. Once again, he downplayed the inflationary pressures seen recently in the US economic...
An array of market developments and geopolitical catalysts are currently moving the price of oil higher. Below, the 5 key triggers:1. Why Oil Prices Shot Up Wednesday MorningAfter barely moving for...
The market squeeze is going from bad to worse for natural gas bears, presumably bad enough for some to yell out to be rescued.Gas futures from July 2021 through February 2022 on the New York...
Copper is headed for its second month in three of double-digit gains, after hitting a 10-year high. But that’s not why you’re here. You’re reading this to find out if it has more to...
It doesn’t happen often, but investors long on arabica coffee beans are about to wrap their best month in five while shareholders of iconic coffee chain Starbucks (NASDAQ:SBUX) might be due for...