Nick Moore
Nick Moore
copper exit funds happen might taste technical
This was a short-term technical move, but might give a taste of what could happen in copper when the funds try to exit the market.
commodity hand heart inspire people supply underlying
Commodities are significantly dislocated from underlying fundamentals, but what does inspire people about zinc is that it's the only commodity where we can say with hand on heart that supply will be constrained.
affects bad commodity copper maybe nature number seeing
The broad-based nature of this indicates that maybe what we are actually seeing is index selling, which affects all commodities. It is not just copper having a bad day, it is a number of commodity markets.
broader defiance hot inventory investors next picture price risen seek
The price has risen in defiance of the broader inventory picture as investors seek out the next hot commodity.