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2024-05-22 08:38:00
We are currently witnessing a bull run in commodities with copper leading the way, but it is widespread across metals and cryptocurrencies. Agricultural commodities are not there yet, except for cocoa.
All in all, this can be a headwind for central banks looking to cut interest rates, as higher commodity prices push up inflation.
Due to some priorities, we are taking a break from the weekly reports, but will be back in August. We wish you all a great summer!