Forecasts & Analysis |

Prices are poised to break out

US yields move higher on robust US single-family home starts

Dow component Coca-Cola now owns 16.7% of the American energy drink purveyor.

Procter & Gamble Co reported its net sales rose 9% year-on-year to $19.3 billion in the first quarter fiscal year 2021 and raised its full-year sales and earnings forecast, sending its shares up over 1.2% on Tuesday.

Nearby natural gas futures were on track for their highest close in 20 months on Tuesday on rising LNG exports and forecasts for colder weather.

USD/CAD is trying to settle below the nearest support at 1.3135.

The Jacobsen forecasts organic soybeans could hit $23 per bushel by Q1 2021

Oil swings between gains and losses as hopes for a new U.S. stimulus package offset worries about the second wave of coronavirus.

Silver continues to trade near the resistance level at the 50 EMA and attempts to gain additional upside momentum.

IMF’s economic outlook for 2020 is less grim, but the more distant future is more worrisome. Therefore, the precious metals index is expected to rise.