“This is the time to put your money because if the dollar weakness is played out, steel prices are headed higher so I would be more bullish on the commodity side rather than the soft commodity side. They have played out well. There is a seasonal effect and these stocks have already run up a lot. But metals are where I would be very bullish.”
Global Market Today: Asian shares mixed, dollar dips as Fed hike bets ease
The dollar experienced a decline following disappointing US economic indicators, leading to less anticipation for interest rate hikes. Treasury yields dropped universally as retail sales
August 17, 2026