Forecasts & Analysis | Commodities, Page 1

After showing signs of the presence of buyers late last week, prices jumped on Monday as the latest weather models became even more supportive by pushing the 15-day forecast period to the cold side of normal, according to Bespoke Weather Services.

Anything less than a coordinated production cut involving Saudi Arabia, Russia and the United States is going to be disappointing to the market.

American indices closed the trading session on Monday with 7% growth on S&P500 and 7.7% on Dow Jones.

Our research team believes April and May 2020 could be very exciting for Natural Gas. 

The silver markets have rallied slightly during the trading session on Monday, as the market started to see more money flow into the precious metals markets and simultaneously into more of a “risk on” move. Ultimately, this helps silver.

The crude oil markets went back and forth during the trading session on Monday as traders still trying to determine whether or not there is going to be some type of production cut agreement between the various members of OPEC.

Natural gas markets have gapped higher to kick off the trading week on Monday, as the oversold condition has seen a little bit of relief. Perhaps the slightly shrinking coronavirus numbers have people thinking that there could be more demand.

Gold markets rallied significantly during the trading session on Monday, reaching towards the crucial $1700 level. If the market can break above this level, it’s likely that we will continue the uptrend finally.

Oil loses ground as Russia, Saudi Arabia and other oil producers need more time to negotiate an oil production cut deal.

Market optimism boosts silver as it tries to settle above the 20 EMA.