finance
Bloomberg Commodity Index Reaches Highest Level Since 2013
The Bloomberg Commodity Index climbed to 141 points, surpassing its 2022 energy-crisis peak and posting a 28 percent year-to-date gain. U.S. stocks rallied to fresh highs on May 5, 2026, after the defense secretary confirmed a U.S.-Iran ceasefire holds. The Reserve Bank of Australia raised rates the following day in response to rising inflation expectations.
May 6, 6:38 PM·1m read3 sources
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The Bloomberg Commodity Index reached 141 points on May 6, 2026, its highest level since February 2013. The index, which tracks 25 exchange-traded futures contracts across energy, metals and agriculture, has climbed 28 percent year-to-date. It surpassed the 2022 energy crisis peak of 140 points, putting commodity prices on track for their first annual increase in four years.
Energy accounts for 39 percent of the index weighting, agriculture 27 percent, precious metals 16 percent and industrial metals 13 percent. The surge reflects broad gains that have revived inflation concerns across global markets. S.
22. 25. 87 on the same day, reversing the prior session's gains.
U.S. Navy carrier groups remain on station despite a missile exchange between Iran and the UAE on the Monday before May 6. 8 million barrels.
The physical tightness suggested supply remains constrained despite the de-escalation. 35 percent. 2 percent in March, and persistent commodity-price pass-through as justifications for the move.
The RBA hike marked the first G10 rate increase since February 28, 2026. 50 percent on April 29. 7, indicating the economy could absorb the tightening.
U.S. dollar following the decision. S. 1 percent.
7 and marking the first below-expectations services-price reading since February. New home sales reached 682,000 in the latest month. Corporate moves added to market momentum.
