By Carley Garner
At a Glance
- Energy, grain, livestock and currency markets can all be affected by Fed decisions.
Traders tend to focus on the interest rate and stock market going into a Federal Reserve meeting, but monetary policy often has profound impacts on commodity trade as well. Some commodity markets are directly impacted, and others indirectly react via inter-market relationships.
I am watching the energy, grain, meat, and currency markets in addition to the Eurodollar, which I consider to be a benchmark for short-term interest rates in the futures markets. In my view, there