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24 Factors Affecting Commodities Market

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Release of Economic Data (Indicators): 

1- Buy/Sell decisions can be triggered by just a single statistic.

2- Daily inventory releases.

3- Weekly Energy inventory data.

4- Weekly, Monthly and Quarterly economic data.

5- Meetings: National and International (FOMC, ECB, OPEC meeting etc.).

6- Natural Calamities.

7- Hurricanes (e.g. Katrina, Sandy).

8- Flooding, Drought.

9- Earthquake & Tsunami.

10- Special Events.

11- National holidays.

12- Union strikes in major mines.

13- Main pipeline blast.

14- Dollar index movement.

15- Monetary easing/tightening by central banks.

16- Data releases like employment data, housing data etc.

17- Inflation.

18- Central bank’s gold buying.

19- Political Factors.

20- Fundamental factors (economic releases).

21- Equity Markets’ movement.

22- Central bank’s interest rates decision.

23- Inventory data (LME, SHFE, Crude oil/NG).

24- Special economic events (QE, OPEC decisions, FOMC ).

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