The commodities market delivered a highly mixed week from Mar 30 to Apr 5, with strong gains in crude oil and metals, while natural gas and several soft commodities came under pressure.
Top performers this week:
$CL #CrudeOil +12.5%
$PL #Platinum +6.9%
$CC #Cocoa +6.6%
$HE #LeanHogs +5.1%
$GC #Gold +4.7%
$MGC #MicroGold +4.7%
$LE #LiveCattle +3.2%
$ZL #SoybeanOil +2.4%
$CT #Cotton +2.3%
Weakest performers:
$SB #Sugar -5.1%
$KC #Coffee -8.3%
$NG #NaturalGas -9.3%
Full weekly ranking:
$CL #CrudeOil +12.5%
$PL #Platinum +6.9%
$CC #Cocoa +6.6%
$HE #LeanHogs +5.1%
$GC #Gold +4.7%
$MGC #MicroGold +4.7%
$LE #LiveCattle +3.2%
$ZL #SoybeanOil +2.4%
$CT #Cotton +2.3%
$HG #Copper +0.4%
$ZS #Soybeans +0.3%
$ZW #Wheat -1.2%
$HO #HeatingOil -1.4%
$ZC #Corn -2.2%
$KE #WinterWheat -2.9%
$BZ #BrentCrude -3.1%
$RB #RBOBGasoline -3.9%
$SB #Sugar -5.1%
$KC #Coffee -8.3%
$NG #NaturalGas -9.3%
Key takeaway: oil and metals showed notable strength, while gas and softs lagged. This kind of divergence is often where the most interesting macro and relative-value signals appear.
#Commodities #Markets #Trading #Futures #Macro #Investing #Oil #Gold #NaturalGas #Agriculture
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