The near futures closed over $1,300 for the first time since last June.  We will add if Monday’s price can stay and close above $1,300.  Markets perceive central banks are caving.

Help keep the lights on at the Global Macro Monitor.   Contribute any amount based on your perception of our value added by clicking the PayPal donate widget at the right side of the screen.  You don’t need a PayPal account just a credit card.  Thank you!