Highlights of the commodity podcast:

-Commodities ended lower as firmer US dollar and growth worries offset China’s stimulus expectations.

-Industrial metals and crude oil ended well off the lows on China’s stimulus expectations; gold hovered near 9-month low.

-The US dollar index rose to a fresh 2002 high on safe haven buying and Fed’s tightening outlook.

-US DJIA index ended higher for a second time in three weeks; Chinese equities fell for the first time in six weeks.

-US non-farm payrolls rose by 372K in June as against forecast of 268K growth; unemployment rate was steady at 3.6%.

-FOMC minutes show that Fed is likely to keep raising interest rates for longer to prevent higher inflation from becoming entrenched.

-Governor Christopher Waller and St. Louis Fed President James Bullard backed the need fo ...