Data Diary

I’m as prone to selection bias as the next man – so keep that in mind while we try to discern where commodities are heading in the near term. Market indicators 1) The USD is rallying – and the CRB has rolled over With at least the juiciest dishes on the commodities smorgasbord priced in [...]

The Baltic Dry Index, CRB index and Shanghai equities market have all turned up. This bounce could well have legs…

Iron cuticles reporting for duty… Leadership in the Australian market’s rally since March 2009 has come from financials and the materials sectors.  It was notable then that the recent high in the All Ordinaries was not matched by the financials. XXJ was rejected off the longer term downtrend from the September 2007 peak while it [...]