WCU: Commodities ride high as trade talks dominate the agenda
Commodities traded higher for a second week running with the Bloomberg Commodity Index reaching a ten-week high, in line with strong advances across a range of global asset classes.
Chief Economist & CIO
Summary: Today's FOMC meeting is the most important one yet seen in 2018 as the Fed must deal with potentially damaging yield levels and a demanding rate hike schedule. Adding to this, we have the rally in energy prices, which means that there are now two very strong forces taxing the US consumer.