Data-Driven Commodity Research, The Commodity Report

The Commodity Report

Data-Driven Commodity Research

A unique newsletter about commodities and macro analysis in a weekly format.

Commodities

<ul>
<li>The benchmark, CRB Commodity Index, ended the week 1,4% lower.</li>
<li>What bottoms usually first? Bonds! While we may be some weeks off the low in the treasury markets, I think it’s important to remember the typical cycle of asset classes.</li>
<li>Usually, treasuries bottom first, then follow stocks and at the end commodities. We saw the same cycle peaking in 2020 with bonds peaking first, followed by stocks and now commodities.</li>
</ul>


The benchmark, CRB Commodity Index, ended the week 1,4% lower.
What bottoms usually first? Bonds! While we may be some weeks off the low in the treasury markets, I think it’s important to remember the typical cycle of asset classes.
Usually, treasuries bottom first, then follow stocks and at the end commodities. We saw the same cycle peaking in 2020 with bonds peaking first, followed by stocks and now commodities.


<ul>
<li>The benchmark, CRB Commodity Index, ended the week 1,2% lower </li>
<li>The news of the week was probably that the Atlanta FED changed its GDP now forecast drastically and signaled that a recession as soon as January 2023 is likely.</li>
<li>Commodities plunged after that news because demand destruction could become worse over time. Nevertheless, we need to differentiate.</li>
</ul>


The benchmark, CRB Commodity Index, ended the week 1,2% lower 
The news of the week was probably that the Atlanta FED changed its GDP now forecast drastically and signaled that a recession as soon as January 2023 is likely.
Commodities plunged after that news because demand destruction could become worse over time. Nevertheless, we need to differentiate.


Founder & CEO. Oil markets macro-analysis., Vanda Insights

Vandana Hari

Founder & CEO. Oil markets macro-analysis.

Vanda Insights

Vanda Insights is a Singapore-based boutique provider of intelligence on the global energy markets, launched in September 2016. The venture was born out of a desire to extract the signal from the noise in the complex and often volatile oil markets. Our succinct and clear macro analysis is relied upon by thousands of readers globally, including those doing business directly or indirectly in the physical commodity and derivatives markets; wealth managers; governments, regulatory bodies and think-tanks; as well as trade organizations and educational institutions.

Global Energy Markets

<ul>
<li>After four months of rallying under supply-related bullishness, crude has begun to yield downward pressure from recessionary fears.</li>
<li>It is not just sentiment; macro-economic data, including consumer confidence readings, are starting to show weakness.</li>
<li>If Russia continues to successfully reroute its crude being rejected by the EU into Asia, supply concerns will retreat somewhat, bringing the future of demand into sharper focus.</li>
</ul>


After four months of rallying under supply-related bullishness, crude has begun to yield downward pressure from recessionary fears.
It is not just sentiment; macro-economic data, including consumer confidence readings, are starting to show weakness.
If Russia continues to successfully reroute its crude being rejected by the EU into Asia, supply concerns will retreat somewhat, bringing the future of demand into sharper focus.


Bulls & Bears: Near-Term and Short-Term View on Oil Prices

Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Technical Analysis

<ul>
<li>WTI sell resistance lies at 115 with risk we fade near 112 following up on our June 24 bearish oil note which outlined downside pressure in metals, agriculture and oil.</li>
<li>Inflation expectations are being replaced with recession fears. The next leg down in oil will induce a shakeout in the crowded energy space.</li>
<li>WTI the 92/95 key lows sets up another long entry point.</li>
</ul>


WTI sell resistance lies at 115 with risk we fade near 112 following up on our June 24 bearish oil note which outlined downside pressure in metals, agriculture and oil.
Inflation expectations are being replaced with recession fears. The next leg down in oil will induce a shakeout in the crowded energy space.
WTI the 92/95 key lows sets up another long entry point.


<ul>
<li>The benchmark, CRB Commodity Index, ended the week 3,4% lower.</li>
<li>It was a tough week for investors who have long positions on commodities in place.</li>
<li>While the mass media is already calling for an end of the commodity bull market, I do think that we only see a correction, which we can use for re-entries in commodities with structural supply problems.</li>
</ul>


The benchmark, CRB Commodity Index, ended the week 3,4% lower.
It was a tough week for investors who have long positions on commodities in place.
While the mass media is already calling for an end of the commodity bull market, I do think that we only see a correction, which we can use for re-entries in commodities with structural supply problems.


United States

Crude oil is a naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials. Crude oil can be refined to produce usable products such as gasoline, diesel and various forms of petrochemicals. It is a nonrenewable resource, also known as a fossil fuel, which means that it can't be replaced naturally at the rate we consume it and is therefore a limited resource.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Crude Oil (CL1 COM COMDTY)

The Commodity Report #59

The benchmark, CRB Commodity Index, ended the week 1,4% lower. What bottoms usually first? Bonds! While we may be some weeks off the low in the...

The Commodity Report

The Commodity Report #58

The benchmark, CRB Commodity Index, ended the week 1,2% lower. The news of the week was probably that the Atlanta FED changed its GDP now forecast...

The Commodity Report

Bulls & Bears: Near-Term and Short-Term View on Oil Prices

After four months of rallying under supply-led fears amid the Ukraine war, crude has begun to yield to downward pressure from demand concerns as...

Vandana Hari

The Next Leg Down for Oil

WTI sell resistance lies at 115 with risk we fade near 112 following up on our June 24 bearish oil note which outlined downside pressure in metals,...

Thomas Schroeder

The Commodity Report #57

The benchmark, CRB Commodity Index, ended the week 3,4% lower It was a tough week for investors who have long positions on commodities in place....

The Commodity Report

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)