WCU: Commodities tumble as rate hike looms

Commodities returned to their 13-year low from August following a robust US job report Friday which left the path to a December rate hike wide open. The combination of rising rates, a stronger dollar and continued oversupply of key commodities at a time where global growth and demand is being called into question applied downside pressure to both growth- and investment-dependent commodities.

from Ole Hansen - Authored content https://www.tradingfloor.com/posts/wcu-commodities-tumble-as-rate-hike-looms-6529900?utm_medium=tf4-feed&utm_source=extract