This is no doubt a bullish factor. Copper, lead and zinc are the three metals that are suffering supply disruption from strike action. William Adams
This is no doubt a bullish factor. Copper, lead and zinc are the three metals that are suffering supply disruption from strike action.
Should the global economy suffer a period of slower demand, which is a distinct possibility given rising interest rates, a slowing housing market and high debt, then the demand profile on the metals could suffer. In turn, these lofty metal prices would then look out of place. William Adams
Should the global economy suffer a period of slower demand, which is a distinct possibility given rising interest rates, a slowing housing market and high debt, then the demand profile on the metals could suffer. In turn, these lofty metal prices would then look out of place.
Overall the sentiment in the metals is still very bullish and it is hard to see this changing in the near term. William Adams
Overall the sentiment in the metals is still very bullish and it is hard to see this changing in the near term.
With China now back in the market after the New Year, there was some catching up in early trading on Monday. William Adams
With China now back in the market after the New Year, there was some catching up in early trading on Monday.
On the surface, the base metals look strong, but there is a danger the rug could get pulled from underneath the market. William Adams
On the surface, the base metals look strong, but there is a danger the rug could get pulled from underneath the market.
The jury is therefore still out as to whether this was just another mini correction or whether more selling will follow. The wider markets are showing some strength, equities are heading higher, mining stocks are showing some strength. William Adams
The jury is therefore still out as to whether this was just another mini correction or whether more selling will follow. The wider markets are showing some strength, equities are heading higher, mining stocks are showing some strength.
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