Commodity Report #44
About Cotton futures, Crude Oil following rate hikes and Crypto attempting another breakout.
The benchmark, CRB Commodity Index, ended the week 5,2% higher which means the correction is over and we also saw new highs which IMO confirms the continued bull market in commodities.
Let’s keep it simple - the only fragment of the market which was weaker last week was industrial metals. The commodity bull market is going through the next round.