How The Omicron Virus, Volcanoes, Sunspot Cycles, La Nina And Climate Change Are Affecting Commodities
Volcanoes, solar cycles and climate change are all thought to have a major impact on the world's weather and financial markets. However, it is really La Nina and the warming Arctic that initially caused a major sell-off in natural gas prices, the drought out west that is moving into the U.S. wheat-producing areas and now potential crop issues for corn and soybeans in South America.
This video talks about the Omicron virus and its impact on soft commodities, as well as where global issues are for certain commodity markets, plus the recent price action in coffee (JO), sugar (CANE), natural gas (UNG) and more.
Video Length: 00:05:31
Good stuff, thanks for sharing.