RY 156.04 -0.032% TD 79.81 -0.4615% SHOP 99.81 0.9303% CNR 158.79 0.6401% ENB 53.84 0.4478% CP 111.87 0.8019% BMO 112.71 0.7419% TRI 225.62 0.396% CNQ 50.46 2.4777% BN 67.8 1.194% ATD 76.93 -1.0674% CSU 4321.5298 0.3257% BNS 67.27 1.3102% CM 78.76 1.5603% SU 54.66 -1.1037% TRP 62.42 1.2162% NGT 70.54 0.2558% WCN 251.32 0.3153% MFC 36.65 -0.0818% BCE 47.21 0.3187%

Global Commodity Technical Analysis Report

Commodities Market Rally Stop, One Commodity Expected Hold Support Level – US Cocoa

Jul 02, 2024

CCU4
Investment Type
Commodity
Risk Level
Action
Rec. Price (US$)

Global Commodity Market Wrap-Up

Last week saw a varied performance in commodity markets, driven by divergent price movements across different sectors. Gold managed to hold steady with a modest gain of 0.36%, while silver fell by 1.27%. Base metals followed suit with copper dropping by 1.06% contrasting with zinc's robust 3.29% increase and lead's notable 1.39% rise.

Meanwhile, Natural Gas prices faced selling pressure, marking a robust loss of -8.29%. This shift contrasts sharply with the previous week, highlighting changing market sentiments and demand dynamics. In contrast, Crude Oil prices surged by 1.00%, reflecting renewed confidence in the market's outlook. Additionally, US Sugar witnessed a robust gain of 5.95%, reinforcing negative momentum in agricultural commodities.

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