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Cautious Trading Approach Emerges in Commodity Market

Ninad Ramdasi
/ Categories: DSIJ_Magazine_Web, Market Moves, DSIJMagazine_App, Editorial, Market Watch
Cautious Trading Approach Emerges in Commodity Market

Commodity Market Watch

The dollar made a recovery from its 15-month lows in the past fortnight. The unexpected decline in US jobless claims signalled a strong labour market and increased expectations of rate hikes. However, housing data in June disappointed, with housing starts, building permits, and existing home sales all missing estimates. 

 

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