Commodities Briefing: Hard and Soft

Commodities Briefing: Hard and Soft $GLD, $SLV, $CU, $OIL, $CORN, $WEAT, $SOY Commentary:  Crude Oils at resistances  Copper and Gold testing lower. PE Crude Oil and Metals NYMEX WTI Crude at 68.21 seeing resistance here, and needs to break to the Northside to continue rising to 70. Note: Above 68.50, resistance is seen at 70. ICE Brent Crude at 75.05 faces resistances…

Australia: USD/AUD (AUD=X) heavily sold-off amid ongoing Australian political turmoil

Australia: USD/AUD (AUD=X) heavily sold-off amid ongoing Australian political turmoil The Australian Dollar was the worst performing G10 currency Thursday as Asian markets went into “risk off” mode ahead of US-China trade talks in Washington and as pressure mounts on Prime Minister Malcolm Turnbull to either resign or allow another confidence ballot. “The start of…