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USAI - Commodities Weekly: Soybeans At 16-Month High
American Energy Independence
By Andrew Robinson
Prospects for a "mini" trade deal between the US and China leading to further progress has lifted agricultural commodities, taken the wind out of gold and left energy markets unimpressed. Turkey's advance into Syria has yet to influence safe-haven asset accumulation.
Energy
Crude Oil prices fell for the first time in four days yesterday despite the announcement of the first steps in a trade deal at the end of last week, which would have lifted hopes for global growth. Customs data from China showed its crude oil imports for September were 2.2%