Tag: Copper
Market Update – November 7 – USD subdued & Commodities hold onto gains
The mixed NFP data on Friday, the rumours of China removing Zero Covid restrictions and comments from FED member Evans all combined to...
Metals: A Technical Update
Copper H4
The price of copper began a decline from June highs at 4.5690 to lows at 3.1236, from here the price recovered the 3.50...
Market Update – July 26 – On Hold Ahead of FED, Oil Rallies
USDIndex ticked lower again but held over 106.00, ahead of the FOMC decision tomorrow. FX markets subdued with a 75 bp hike fully priced...
Commodities & Dollar both in focus
In general, the factors driving the sharp weakening of the commodity landscape are Fed tightening, a strengthening US Dollar and geopolitical concerns. This has...
Copper rebounds as China reopens
Yesterday, the price of Copper rebounded strongly with an increase of 5.24% thanks to the recovery by China after ending the 2-month lockdowns due...
Coronavirus threatens China’s industrial development, Copper falls!
China's Q1 economic growth slowing down.
The year 2020 has begun with a black shadow. The political situation in the Middle East is hot after...
