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Aug 13, 2021 | Categories: Market Commentary

Global Economic Review: July 2021

COVID-19   Operation Warp Speed and the continued efforts under the new administration pushed US vaccine distribution to 58% of the total population given at least one dose with the EU the same at 59% with China claiming 60% and India 27%. While the Delta variant gets many breathless headlines,…

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Aug 12, 2021 | Categories: Market Commentary

July 2021 Global Commodity Snapshot

OPEC+ Reached A Deal after two weeks of delay as UAE delegates initially refused to go along with plans for monthly increases without an additional allocation for themselves. In the short term, production will increase by 400,000 barrels per day, reaching 2 million barrels per day (mbpd) at the end…

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Aug 05, 2021 | Categories: Market Commentary

July 2021 Sector and Index Performance

During the month of July, the top 3 performing sectors were: softs (+3.13%), financials (+2.09%), and energies (+1.23%). The bottom 3 sectors were: grains (-1.25%), metals (-0.40%) and currencies (-0.13%). Vaccination numbers look like they are beginning to plateau and the Delta variant spreads like wildfire breaking February 2021 highs…

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Jul 22, 2021 | Categories: Market Commentary

Global Economic Review: June 2021

COVID-19   Operation Warp Speed and the continued efforts under the new administration pushed US vaccine distribution to over 55% of the total population given at least one dose with the EU just behind at 53% with China claiming 48% and India 22%. While the Delta variant gets many breathless…

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