What’s moving the commodities market?

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In the last 1-month, correlation between the prices of Gold, Crude Oil, and Copper increased significantly amid recent uptrend in the prices.

Gold_Copper_Crude_August 1, 2017

So, what is moving the commodities market higher?

The recent rally in the commodities market was aided by the downtrend in the Dollar index.

Dollar index_Gold_August 1, 2017

Inverse correlation between the Dollar index and commodities has reached a 2-year high on July 31.

Were you able to spot it? If not, Heckyl can help you.

Heckyl’s unique and first-of-its kind platform offers never seen before analytics to uncover hidden patterns within commodities.

To know more about Heckyl’s Commodity Analytics Platform, email us at info@heckyl.com

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