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Cotton Trading Mixed on Thursday

Commodity FuturesCommodities & Raw MaterialsEnergy Markets & PricesCurrency & FXGeopolitics & WarFutures & Options

Crude oil jumped $10.54 at midday after President Trump’s address indicated 2-3 more weeks of strikes and an uncertain outcome, spiking energy-price volatility. The US dollar index rose $0.347 to 99.805. Cotton futures were mixed, trading between +4 and -14 points at midday, reflecting commodity market volatility.

Analysis

Crude oil jumped $10.54 at midday after President Trump’s address indicated 2-3 more weeks of strikes and an uncertain outcome, spiking energy-price volatility. The US dollar index rose $0.347 to 99.805. Cotton futures were mixed, trading between +4 and -14 points at midday, reflecting commodity market volatility.

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