CRB Index CMP 294
This is a basket of commodities. Very imp Index as its movement is related to the Dollar. If we look at the charts this Index is showing tremendous strength. Now what strength here means is weakness for the dollar in the near future. And weakness for the dollar is good for the emerging mkt equity market.
One more very imp point is inflation. Commodity prices rising is also an indication that inflation will go North in the near future. In that scenario reducing interest rates by Fed will further fuel inflation. Hence to me the Fed may not reduce the Interest rates in Sep as is being expected. And this will be positive for the mkt.
This is a basket of commodities. Very imp Index as its movement is related to the Dollar. If we look at the charts this Index is showing tremendous strength. Now what strength here means is weakness for the dollar in the near future. And weakness for the dollar is good for the emerging mkt equity market.
One more very imp point is inflation. Commodity prices rising is also an indication that inflation will go North in the near future. In that scenario reducing interest rates by Fed will further fuel inflation. Hence to me the Fed may not reduce the Interest rates in Sep as is being expected. And this will be positive for the mkt.
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。