With our bond bounce played out at least in part, it is time to ask whether the other side of the trade (the inflation trade) is ready to resume its rally. 138 more words
Tags » INDUSTRIAL METALS
The NY Fed’s Empire index is the latest in a line of strong manufacturing reports. Several ‘global vs. US’ stock market charts are looking prospective, and then of course there is the bullish monthly chart of Industrial metals, as noted in NFTRH 469 and the… 688 more words
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
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