Column: Copper price crushed as funds turn negative on recession fears
Investors are repositioning themselves in copper, with the last few remaining bulls retreating, writes Andy Home.
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Investors are repositioning themselves in copper, with the last few remaining bulls retreating, writes Andy Home.
The price may have collapsed by 40% in the space of two months but LME tin has found a floor at what has historically been a hard ceiling, writes Andy Home.
Relative Sentiment Technologies LLC, has launched the Relative Sentiment Tactical Allocation ETF (NYSEArca: MOOD) on the New York Stock Exchange.
Hedge funds are turning increasingly bearish on the copper market amid mounting evidence that global manufacturing activity is starting to stall. Bears now outnumber bulls on the CME copper contract for the first time since May 2020, when the copper price was just starting to recover from the first wave of COVID-19 lockdowns. Lockdowns are ...
Hedge funds are turning increasingly bearish on the copper market, writes Andy Home.