Metals Shine, Grains Tumble: A Market in Transition
This week, trend-followers navigated an increasingly directional market, with metals surging while grains and soft commodities suffered steep losses. As volatility remains elevated, divergence across asset classes continues to define the trading landscape.
TTU Trend Barometer climbed to 52% (up from 45% last week), signaling a stronger trending environment and improved conditions for systematic traders.
SG Trend Index Performance:
- MTD: -1.30% (vs. -0.34% last week)
- YTD: -4.31% (vs. -3.37% last week)
Key Market Highlights:
- Silver (+4.74%) – Safe-haven demand & industrial use in solar energy propelled gains.
- Copper (+3.65%) – Tariff speculation & supply constraints fueled bullish momentum.
- Gold (+2.73%) – Inflation fears & central bank demand supported a rally.
- Canola (-15.28%) – Hit hard by Chinese tariffs on Canadian rapeseed oil.
- Orange Juice (-13.12%) – Hedge fund liquidations & improving supply outlook pressured prices.
- Soybean Oil (-4.08%) – Weak biodiesel demand & higher global stockpiles weighed on sentiment.
Navigating Market Trends:
With divergence widening across asset classes, trend-followers are capitalizing on momentum in metals while shorting weak agricultural markets. As systematic strategies adapt to shifting macro forces, the rise in the Trend Barometer suggests continued trend-following opportunities heading into Q2 2025.
Full Report Available!. Get the deep dive into this week’s market moves, top trends, and trend-following insights. Click here to read the full report!
Stay systematic. Stay disciplined. Stay ready.