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Global Economies Eye OPEC Amid Growing Trade War Concerns

Published 06/21/2018, 06:16 AM
Updated 07/09/2023, 06:31 AM

On analysis of the movement of futures of different commodities on June 21st, 2018 at 05:50:00, I’ve found that most of the global economies look worried over the final outcome of the OPEC meeting amid growing geopolitical moves trying to remove trade tensions. I find the indecisive moves of different futures reflect the worries of global economies. I present the current scenario on a single chart to study the how the impact varies between commodities and currencies in different time frames, and I try to map the impact over the upcoming weeks.To understand the following charts see my video.

Natural Gas Futures (NG)

US Dollar Index Futures (DX)

Gold Futures (GC)

US Wheat Futures (ZW)

US 10-Year Treasury

Comparative Moves Daily Chart

Comparative Moves 4 Hr. Chart

Comparative Moves 1 Hr. Chart

Comparative Moves 15 Minutes Chart

Comparative Moves 5 Minutes Chart


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Latest comments

What effect on the gold OPEC meeting result?
Dear Mr. Hassan thanks for your valuable comments. Kindly watch my video you will find the answer of your question.
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