The Conversation (0)
Forexpros reported that copper can reveal how the risk assets might behave.
Forexpros reported that copper can reveal how the risk assets might behave.
As quoted in the market news:
Making the long-term bullish case for copper less likely is not just a world struggling with slowing growth but probably some sort of serious flight to liquidity that could strike faster than what happened in 2008 and 2009 when considering copper’s massive Head & Shoulders pattern and an unpleasant technical attribute that it shares with the Russell 2000 and the XLB to name a few.
