For commodity investors, the most pressing question is how the markets will react as Donald Trump returns to the White House. The new President is set to be inaugurated on January 20, 2025.

Some markets have been trying to account for the possibility of an extremely uncertain election. Gold prices have reached new highs, while equities have adjusted downward. Meanwhile, many physical commodities remain under pressure due to concerns over declining demand, oversupply, and a stronger USD.

One of the key data points drawing significant attention this week is the U.S. Nonfarm Payrolls (NFP) report, set to be released on November 1. This data will influence the direction of the USD, measured by the U.S. Dollar Strength Index (DXY), thereby impacting commodity prices.

Coffee prices have risen nearly throughout the entire year, driven by weather-related issues in Brazil and Vietnam, the world's two largest coffee-producing countries.

Analyse the potential effects of the US presidential election on global commodities, focusing on energy, metals, and agriculture. Understand the influence of policy direction and geopolitical uncertainty.

Straits Financial's Chief Economist suggested that commodity prices still have the potential to decline further in the future.

The outlook for commodity markets may be brighter than many investors appreciate, given recent price action and the current state of the global economy.

Record yields are already predicted for U.S. corn and soybean crops, but some of the estimates, particularly for soybeans, are becoming rather lofty.

Recent data from the Shanghai Futures Exchange shows a steady decline in copper inventories, hinting at a potential recovery in China's economy.

Since peaking in 2016, global silver production has declined by 8%, with annual output falling from almost 900 million ounces (28,000 tonnes) to 831 million ounces by the end of 2023, with production set to fall in 2024 as well.

The over-crowded yen carry-trade was an example of a "grey rhino" risk, as it has existed for a long time but does not attract enough market attention, until it suddenly broke into a "black swan"event.

Recently, the global stock market has fallen sharply, mainly due to the announcement by the Bank of Japan to hike its benchmark interest rate and reduced their treasury debt holdings of 400 billion yen each quarter.