The combination of falling prices and a softening backwardation is consistent with a late-cycle breakdown in oil prices, says Fiona Boal, Global Head of Commodities at S&P Dow Jones Indices. She reviews crude oil (/CL) in relation to the dollar (/DX), as well as the China crackdown effects on iron ore. She talks about futures being relatively flat after the NASDAQ closes above $15,000. Tune in to find out more.
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25 Aug 2021
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