In the commodities ****** et class in August 2026, Ethereum was up more than 30%, and Bitcoin, cocoa, and world sugar futures gained more than 20%. Silver, heating oil, crack spreads, corn, CBOT wheat, and cotton were up between 10% and 20%. ICE FCOJ was the only commodity to post a double-digit percentage decline. The DJIA, S&P 500, NASDAQ Composite, and Russell 2000 indices were mostly higher. The long bond futures edged higher. The September dollar index futures fell by 0.40%. The long bond futures rose by 0.40%. A lower dollar index and slightly lower interest rates were a bullish signal for commodity prices, and most raw material futures posted gains. Long-term interest rates edged lower, even though the Fed left the Fed Funds Rate unchanged at the most recent FOMC meeting.
The lack of a settlement between Iran and the United States, along with a tightening of the economic noose around Iran, drove energy prices higher. At the end of August, the hostilities were escalating as the U.S. attempt to use economic weapons has caused backlash from Iran. Crude oil, oil products, crack spreads, natural gas, Chicago ethanol swaps, and Rotterdam coal posted gains in August.
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The lack of a settlement between Iran and the United States, along with a tightening of the economic noose around Iran, drove energy prices higher. At the end of August, the hostilities were escalating as the U.S. attempt to use economic weapons has caused backlash from Iran. Crude oil, oil products, crack spreads, natural gas, Chicago ethanol swaps, and Rotterdam coal posted gains in August.
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2 months ago