CommoditiesForexMarket Review

Don’t be surprised if the news reports food trucks are being robbed in 2021

While the Central banks start to step bank from the huge stimulus they have provided to the markets, there is another concern among agriculture. The Chinese are not only well aware but are getting prepared while prices are still reasonable but these huge demands for food goods have already started pushing up prices.

The effects of these price surges are still not present in modern-day food prices, but they will. Once we get into next year we may find ourselves facing, not only food shortages but also elevated prices of food that will far exceed the national income of some countries. We could see the biggest bull market in commodities in the last 15 years, so this is something to keep an eye on especially if there is a Biden win for the president.

In the markets

we are still sticking with a short term stronger dollar, although today we may see minor run-ups in EUR and GBP against the dollar but we will still be seeking lower prices in both pairs EURUSD and GBPUSD for the remainder of the week unless the dollar strength gives a firm confirmation it will resume to the downside.

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