NY Open: Twenty pounds of headlines
Markets started the day in a confusion of incoming news as ECB chatter met with trade talk updates and US macro data. EURUSD took it on the chin and dropped from 1.1270 to 1.1235.
Commodities have outperformed other classes so far this year with rising oil prices feeding into an increase in headline inflation.
These developments together with increased geopolitical and weather concerns have all helped support investor demand for broad-based commodities exposure. But where do we go from here?
Join Saxo Bank head of commodity strategy Ole Hansen as he goes over the factors facing the commodities space, from fundamentals to geopolitics.
See the webinar calendar and archive here.