Jump to content
Sign in to follow this  

Commodities

Recommended Posts

Commodities having a strong day especially base metals. Nickel up 10%, Aluminium 5%, Copper 3%.

 

 

comm1.PNG

Share this post


Link to post

I agree 

 

I saw that RRR news yesterday and wondered why it didn't lift our market (Chinese market stronger) - it must have happened after we closed (explaining our strength overnight - that's Wednesday night).  

Can't find where I saw it.  Will have to investigate.

Share this post


Link to post

Yes it took the commodities market a little time to take off but was well underway yesterday and AUS200 was rising at the same time to clear the resistance before this last 4 hour bar pullback.

 

I seem to have awarded you with a solutions tag while trying to hit the reply button, never mind.

 

AUS200(£)H4.png

Share this post


Link to post

Well, I solved the mystery of my lost article: back on the 17th April so the tick can be for that...

 

The FX market at the time apparently didn't react much. Funny that Trump accused China of devaluing their currency, then they just go right ahead and devalue.  They don't seem to care...

 

The new RRR comes in April 25th, but of course the markets are going to move before that.  

Share this post


Link to post

Some interesting views expressed about the current state of the uranium and copper markets in this podcast, reiterates the below that there is a serious underpricing of commodities as compared to the potential demand over the coming years and the dearth of producers in the case of uruanium or large scale mines which can be easily commercialised in the case of copper.

 

https://www.macrovoices.com/396-marin-katusa-copper-uranium-the-ev-revolution

 

Share this post


Link to post

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Member Statistics

    • Total Topics
      12,797
    • Total Posts
      65,706
    • Total Members
      86,597
    Newest Member
    Kinfinity
    Joined 26/10/20 18:57
  • Posts

    • Hoorah 😘  
    • This ...   to generate enough fear and despair to ensure this ... which is essentially a loss of national sovereignty and a loss of personal freedoms and liberties. In the future Google will tell you what's true or not, Zuckerberg will tell you what you're allowed to say or not, Greta will tell you what you're allowed to do or not while Gates will tell you which medical interventions and treatments will be mandatory or not.   Meanwhile back to Sweden ...   While in Wales you can look but you can't buy (this is what stupidity looks like) ...  
    • I see this quite often too.... not sure if these spikes happen in an instance ..
×
×