What Do More Bigger And Faster Rate Hikes Mean For Commodity Prices?

Inflation in the U.S. surged to a new four-decade high of 9.1% in June – its largest annual increase since November 1981 and a significant jump above economists’ estimates for an 8.8% increase. Rate hikes will remain the primary focus for traders in July with a long-list of central bank monetary policy meetings back on the agenda again and more surprise hikes almost inevitably likely. Watch The Commodity Report now, for my latest price forecasts and predictions: For a look at all of today’s economic events, check out our economic calendar. Right now, Commodities remains a traders’ market packed with endless opportunities to capitalize on the short-term macro-driven volatility . . .