Highlights of this week's Commodity Podcast:

1. As February ended, the main theme remained to be inflation that remained sticky for most major economies prompting central banks to remain hawkish

2. Money markets and interest rate futures are now expecting Fed funds terminal rate to rise to 5.5% by September 2023

3. Expectations of rate cuts have also come down, with traders now pricing in less than 15 basis points of rate cuts in 2023, from almost 60 basis points a month ago

4. The Dollar Index closed the week with a 0.7% decline, while it closed the month of February on a positive note with gains of 2.7%

5. Gold prices rebounded from an 8-week low of $1,810.8 per troy ounce and ended week with gains of more than 2%

6. Prospects of higher rates might be a headwind in the short term for precious metals  ...