Backwardation
Backwardation occurs when near-term VIX futures trade at higher prices than longer-term ones, typically signaling immediate market stress and high current volatility.
Calendar Spreads
Involves simultaneously buying one futures CFD contract month and selling another for the same commodity.
Chokepoints
Strategic waterways highly vulnerable to geopolitical tensions, which can immediately curtail a substantial portion of global oil or natural gas flows.
Commodity Currencies
The currencies of commodity-exporting nations, often termed ‘commodity currencies,’ frequently correlate with the prices of their primary exports.
Contango
Contango is a market condition where longer-term VIX futures contracts trade at higher prices than near-term ones, reflecting a normal market expectation that volatility will revert to its historical average.
Cost Of Carry
Overnight funding in these markets reflects the ‘cost of carry’ – the natural movement along the futures curve – plus a broker administration fee.
Dr. Copper
A non-ferrous industrial metal widely regarded as a leading indicator of global economic health due to its pervasive use across manufacturing, construction, and infrastructure sectors.
Futures Cfds
Offer a flexible way to gain exposure to soft commodity price movements driven by weather seasonality without the complexities of physical delivery or large capital requirements of traditional futures.
Gold-Silver Ratio
The gold-silver ratio measures how many ounces of silver it takes to buy one ounce of gold, calculated by dividing the price of gold by the price of silver.
Hard Commodities
These are natural resources that are mined or extracted from the earth.