NG, Crude, Gold, Silver, USD, 10-Year Yields: Swings Before Final Direction
Satendra Singh | May 29, 2018 01:04PM ET
Global market swings point to geopolitical interference in the economic world. Bond markets appear to be driving equities after political instability in Italy increased, sparking a global stock selloff, which yielded a chain reaction of indecisiveness in other inter dependent commodity and forex markets.
I conclude that this instability will finally decide the long-term directional move of the different commodities. No doubt that the prevailing geopolitical moves may take a U-turn any time during the upcoming months, but the prevailing theory of the bully who tries to grab as much oil as possible to strengthen his economy regardless of the impact on other markets remains to be seen.
I expect the following directional moves in natural gas WTI crude oil, the USD, 10-year T-bill yields, S&P 500, as well as gold and silver.
For more information on the following charts, check out my .
Get The News You Want
Disclosure
1. This content is for information and educational purposes only and should not be considered as an investment advice or an investment recommendation. Past performance is not an indication of future results. All trading carries risk. Only risk capital be involved which you are prepared to lose.
2. Remember, YOU push the buy button and the sell button. Investors are always reminded that before making any investment, you should do your own proper due diligence on any name directly or indirectly mentioned in this article. Investors should also consider seeking advice from an investment and/or tax professional before making any investment decisions. Any material in this article should be considered general information, and not relied on as a formal investment recommendation.
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.