Commodity Volatility Divergence
risk-on 5 October 2026On 5 October 2026, "Commodity Volatility Divergence" was one of 5 themes driving markets, marked shifting, naming RBOB Gasoline, Sugar, Cocoa, Natural Gas. Of those, Orange Juice moved most that day, +6.77% close to close.
Commodities are moving in opposite directions, with gasoline breaking down while sugar and juice hit daily highs. Volatility is significantly higher than normal for energy products.
Archived at the close on 5 October 2026.
The markets it named, that day and since
Close to close, from Kinzan's daily record
| Market | That day | Since |
|---|---|---|
| RBOB Gasoline GASOLINE | −2.00% | −3.65% |
| Sugar No. 11 SUGAR | +4.01% | −2.27% |
| Cocoa COCOA | +3.47% | −5.23% |
| Natural Gas NATGAS | +1.02% | −0.62% |
| Orange Juice OJ | +6.77% | −1.56% |
Risk appetite is broad-based, fueled by a massive rally in Brazilian equities and biotech stocks, while commodities show mixed volatility and the dollar remains under pressure.
101 of the 175 instruments on the board closed the 24 hours higher and 56 lower; the risk dial read 59 of 100 (mixed).
Other themes that day
- Brazil Equity SurgeAccelerating
- Biotech Momentum PlayActive
- New York Session BreakoutsElevated
- Currency Strength ShiftsEmerging