China’s real estate market provides jobs to millions and underpins demand for materials ranging from steel to cement and glass. But recent data suggests that peak growth for this sector is over. 125 more words
Tags » INDUSTRIAL METALS
Bag the Profits
IMC blog entered a long position in the July-June copper(x2)/gold spread from the equivalent of -$21,885 (premium gold) on September 29th.
The spread exploded higher at the end of last year. 282 more words
The IMC blog entered a short position in the March copper/crude oil spread at +$13,265 (premium copper) on December 1st. We rolled to the May contracts at the market-on-close last Friday (February 17th) because Monday was the Last Trading Day for the crude contract. 176 more words
Copper and crude oil prices are strongly correlated. You can look at the last three decades of price history and see that this is the case. 643 more words