Precious Metals and Commodities Weekly (Video)

This week we recap precious metals and commodities ahead of Friday’s Non-Farm Payroll data and in a week where Hurricane Harvey is wrecking havoc with U.S. energy markets.

Precious metals and industrials have had a solid seven days and seemed poised for greater heights.

Energy has been mixed with Brent and Natural Gas trading strongly. Hear why, somewhat bizarrely, WTI has “dropped” due to Hurricane Harvey even as 20% of the U.S. refining capacity has been shut down.

Over on the soft commodities, sugar is loving Brazilian ethanol while the bean and grains continue to be a mixed bag. Or should that be bushel?

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Jeffrey Halley

Jeffrey Halley

Senior Market Analyst, Asia Pacific, from 2016 to August 2022
With more than 30 years of FX experience – from spot/margin trading and NDFs through to currency options and futures – Jeffrey Halley was OANDA’s Senior Market Analyst for Asia Pacific, responsible for providing timely and relevant macro analysis covering a wide range of asset classes. He has previously worked with leading institutions such as Saxo Capital Markets, DynexCorp Currency Portfolio Management, IG, IFX, Fimat Internationale Banque, HSBC and Barclays. A highly sought-after analyst, Jeffrey has appeared on a wide range of global news channels including Bloomberg, BBC, Reuters, CNBC, MSN, Sky TV and Channel News Asia as well as in leading print publications such as The New York Times and The Wall Street Journal, among others. He was born in New Zealand and holds an MBA from the Cass Business School.
Jeffrey Halley
Jeffrey Halley

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