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Intraday Market Thoughts

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Copper's Next Move

by Ashraf Laidi

Dec 13, 2012 20:30

Copper, known as the PhD in Economics for its track record in foretelling economic growth is up 7% so far this year, well below the 16%, 15% and 8% attained by silver, platinum and gold respectively. But it outperformed all grades of oil over the same perio. Interestingly, copper's YTD performance is almost equal to its 9% performance of the last 6 months. Full Analysis Here: http://www.cityindex.co.uk/market-analysis/market-news/3633602012/copper-raises-questions/

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Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R (10 months ago)
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Moving the goalposts? Trend vs Trendline: Gold, DXY, Yields https://t.co/htxZzKjl7U #forex #XAUUSD $GLD $TNX https://t.co/NE7mSpN2wq (10 months ago)
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