SaxoTV

Are we seeing a commodity breakout?

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June 26, 2015 agri, agriculture, bank, biz, brent, business, cbot, china, china equities, chinese, coffee, commodites, commodity, commodity trading, content, copenhagen, copper, corn, cotten, crops, crude, crude oil, dollar, equities, gas, gas prices, gasoline, gold, gold prices, greece, greece crisis, greek, greek crisis, hansen, markets, merkel, news, oil prices, ole, paladium, platinum, prices, rallies, rally, saxo bank, saxo tv, sectors, selloff, silver, strategy, trades, trading, tradingfloor, tradingfloor.com, video, video news, wheat, wheat prices, wti
Wheat and corn prices have rallied strongly this week, notably after heavy rains in the US threaten yields. A rise of between 6 and 8 percent have reversed months of declines and sideways trading. Saxo Bank's Head of Commodity Strategy, Ole Hansen, looks at how you could be trading crops over the coming few days.
Crude oil prices remain stuck in a range. Ole is particularly interested in gasoline, however, and he tells us why. He also considers how you could be trading gold and precious metals. Gold has found support after a big sell off in equities in China this Friday along with the ever-present crisis surrounding Greece.