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Commodities Daily Forecast – September 15, 2017 – Nasdaq

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Gold

Gold recovered to $1,330 levels early in the day as the markets responded to the North Korean missile test, though the markets were in less of a panic than seen following previous tests, with the response to the test now key to market risk sentiment through to today’s close. …Read More

Silver

Silver finding its feet in early trading as the markets respond to the latest North Korea missile test over Japan, while Dollar strength off the back of Thursday’s inflation figures limit the upside, the true test likely to come later in the day should the U.S administration respond to the latest taunt by the North Koreans. …Read More

WTI Crude Oil

Oil prices eased back the early part of the day, having broken through to $50 levels, with gains in the Dollar and concerns over the Chinese economy and the outlook for demand pegging back a more material rally over the near-term. …Read More

Natural Gas

Gas prices eased back Thursday’s gains with the markets responding to Thursday’s EIA report, which reflected an increase in natural gas inventories, though the outlook continues to remain relatively positive. …Read More

This article was originally posted on FX Empire

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