Commodity momentum: Platinum and copper slowing - cattle rally

The recent dollar weakness and rising stock markets have so far had a limited impact on commodities, where negative momentum continues to be the main focus. Platinum and copper have seen their positive momentum slow following a strong rally during the past month.

The price of live cattle futures continues to rally as reduced supplies following premature culls, due to lack of grazing, across the US this summer has left the demand side scrambling for beef.