Most commodities have demand exceeding supply, and the Russia-Ukraine conflict could have a major impact on oil, grains, and metals, says Ed Egilinsky of Direxion. He points out that the U.S. is a net importer of crude and discusses the limited supply. He points out that Europe uses natural gas from Russia which could affect prices. He thinks people are looking to gold as a safe haven. Ben shows that gold futures (/GC) price is above the 50-day average on the chart.
Futures
25 Feb 2022
SHARE
Futures
21 Dec 2022
Futures
08 Dec 2022
The Watch List
09 Dec 2022
Futures
08 Feb 2023
Trading 360
07 Feb 2023
Futures
23 Dec 2022