Coffee, Sugar and Cocoa are here defined as Soft Commodities. The graph below is showing all 3 commodities equally weighted on weekly basis, were each bar is counting as one tradingweek.

Collectively Coffee, Sugar and Cocoa are trading as much as - 6.7% from their February closes. In other words in USD terms, today you get ahold of more Soft Commodities for the very same USD amount compared to what you did back in February. 

Inflation is defined as the decline of purchasing power of a given currency over time. Prices of Coffee, Sugar and Cocoa combined are still at their November 2021-levels. According to the latest report from the Bureau of Labor Statistics, the annual inflation rate in May was 8.6%, its highest level since 1981. In conclusion, Coffee, Sugar and Cocoa are certainly not contributing to this inflation equation. At least not yet.

2022-06-18 11:53 | Sugar, Cocoa, Commodities, Soft commodities

The Gold Silver Ratio is marginally higher after week 24, making a higher low and a higher high.

According to the weekly chart above, Gold is holding up better than Silver on a weekly scale going into week 25. Gold is clearly outperforming Silver as long as the bars are Blue (marked by their higher lows). Seeing the ratio fall below USD 83 again, could quickly turn biased on Silver.

2022-06-18 10:51 | Gold, Silver, Ratio, Medium Term, Gold Silver Ratio, Metals

Here is the monthly chart combining the DAX and the Nasdaq100 indices.

There are now 5 months of lower highs on a monthly scale. YTD, the two indices are collectively - 16%.

The latest May bar is Red and still indicating weakness. As long as there is a lower low and a lower high on a monthly scale, weakness is prevailing for the longer term. From June 1st close, there is more than + 4% to the latest bar top. Only getting above this point could revalue current bearish stand.

2022-06-07 06:39 | Nasdaq100, Dax, Longer Term

The chart below is continuing the chart from April 1st: Ethereum ( - 30.4% in May) over Bitcoin ( - 17.2% in May) or the price of Ethereum divided by the price of Bitcoin.

The monthly overview is again showing a downward pressure to this chart. The lower low and lower high for the latest bar is weakness for Ethereum vs Bitcoin. As long as prices are trending lower, Bitcoin is outperforming Ethereum. That is not to say both could fall, and Bitcoin is falling less- or hold up better than Ethereum.

2022-06-07 06:25 | Bitcoin, Ethereum, ETH / BITC

There is weakness in the metals space on a monthly scale. This is following the seasonality patterns for now. The chart below is consisting of Gold, Silver and Platinum equally weighted.

As markets are soon entering the summer, the monthly chart is showing a new lower low with a lower high. According to the chart above, Metals as a whole must soar + 7.5% or more from June entry, in order to potentially change the current weak picture. 

2022-06-04 14:33 | Gold, Silver, Platinum, Longer Term, Metals